Friday, May 23, 2014

May 23 2014

100 % day - the best way to go into long weekend. 6 trades, 6 wins, 2 of them are 1:3ers on FB. Nice finish to a nice week.


Session Time: Fri May 23 00:00:00 2014
[09:06] {dino} gm
01[09:06] {@Threei}  dino :)
[09:06] {RonS} hello everyone
01[09:06] {@Threei}  ron :)
[09:07] {troub} good morning you all
01[09:07] {@Threei}  troub :)
01[09:11] {@Threei}  SPY volume is next to nothing
[09:17] {nemo} pitiful spy volume-what a surprise
[09:17] {nemo} I wonder if I can stay sober until lunch
01[09:17] {@Threei}  isn't it true for any other day?
[09:18] {nemo} details...sheesh
[09:20] {dptl} good morning
01[09:21] {@Threei}  dp :)
[09:23] {RonS} the real reason dino plays?  almost 260,000 women took up golf in 2013
[09:23] {_jaredt} Anyone here using DAS have issues in the morning with 1 min charts?
01[09:24] {@Threei}  looks OK here
[09:24] {nemo} right click "data config"  and set to 2 days or more
[09:24] {_jaredt} hm
01[09:24] {@Threei}  isn't he better picking up yoga, ron?
[09:25] {RonS} lol
[09:25] {dino} lo
[09:25] {dino} l
[09:25] {nemo} yeah idiot me...I picked up Qi Quong before the yoga craze
[09:25] {dino} ptct crazy
[09:26] {_jaredt} that worked. Thanks nemo
01[09:26] {@Threei}  Prince Charles today issued the letter of apology
01[09:26] {@Threei}  hmmm
01[09:26] {@Threei}  apology sounds unapologetic
01[09:27] {@Threei}  dolf Hitler was one of the horrible villains in world history, and comparing President Putin to him was uncalled for.
01[09:27] {@Threei}  What I should have said, and what I say to you now, is that this Putin chap can be a bit Hitlery at times.
01[09:27] {@Threei}  lol
01[09:27] {@Threei}  full text: http://www.newyorker.com/online/blogs/borowitzreport/2014/05/an-apology-from-prince-charles.html
[09:28] {cosmo} so what's the difference?
01[09:28] {@Threei}  none that I see
01[09:29] {@Threei}  reminds me a joke where a man fulfilled the demand for aplogy for calling another one a pigm, by saying: I am sorry, he is not a pig??
01[09:31] {@Threei} Long Setup:  FB  .35 break hl
01[09:31] {@Threei}  If holds  .25
01[09:31] {@Threei}  1:1
[09:31] {RonS} gme squeeze
01[09:32] {@Threei}  1:2
01[09:32] {@Threei}  1:3
01[09:32] {@Threei}  out
[09:33] {goinshort} nice V -thanks
01[09:33] {@Threei}  :)
01[09:33] {@Threei} Long Setup:  TZA  .40 break
01[09:33] {@Threei}  If holds  .35
[09:34] {ese} morning....got in from a show at 2am last night....feel like i've been hit by a Mac truck
01[09:34] {@Threei}  ese :)
[09:34] {ese} trading program looks blurry
[09:34] {nemo} either that or the breaks in your GM vehicle failed
[09:34] {ese} lol
01[09:34] {@Threei}  you need more respectable profession... all this hard rock, drugs and groupies lifestyle is for yonger chaps
[09:35] {ese} lol....no kidding
[09:36] {ese} funny story about last though......the idiotic victoria harbour authority locked a gate at ships point and we couldn't get in to load up our gear........
01[09:36] {@Threei}  TZA valid
[09:37] {ese} the sound gys vehicle was trapped inside the gate
[09:37] {ese} no harbour authority people anywhere.....
[09:37] {ese} so we used a couple of huge wrenches to ununscrew the gate.....
[09:37] {ese} while the victoria police watched..........
01[09:38] {@Threei}  they see hobos doing that daily
[09:38] {ese} the guy then offered to shine his his car light.......
[09:38] {ese} on the situation........
[09:38] {ese} it worked like a charm....then as soon as we got the gate taken down......
[09:39] {ese} he jokingly says.........
[09:39] {ese} ok boys that'll be two years for mischief
[09:40] {dino} lol
[09:40] {Alexs} gm
01[09:40] {@Threei}  alex :)
01[09:40] {@Threei}  missed 1:3er...
01[09:40] {@Threei}  half out TZA
01[09:41] {@Threei}  geeks are back in vogue:
01[09:41] {@Threei}  Samsung Corp Reportedly planning to launch full-fledged 'watch phone' in June or July, would not require an additional smartphone in order to operate
01[09:41] {@Threei}  watch which is a phone...
[09:41] {ese} hmmmmmmm
01[09:42] {@Threei}  in high school girls decisively said no when asked to a date by a guy with watch which was a calculator
01[09:42] {@Threei} Long Setup:  FB  .40 break
[09:42] {ese} lol
01[09:42] {@Threei}  If holds  .30
01[09:43] {@Threei}  and when I say "said no" I mean screamed and run away
[09:43] {dino} personal experience vad?
01[09:43] {@Threei}  happily no
[09:44] {dino} sale blood again
01[09:45] {@Threei}  blood on sale - vampries are all over
01[09:45] {@Threei}  1:1
01[09:45] {@Threei}  come on FB, we want second 1:3 from you
01[09:45] {@Threei}  1:2
[09:46] {thomcbell} u guys having problems with nonko again?
[09:46] {dino} sale sm l .45
[09:46] {nemo} just got a message that there are still some problems
01[09:46] {@Threei}  1:3
[09:46] {thomcbell} darn
01[09:46] {@Threei}  out
[09:46] {nemo} are you having problems thom?
[09:46] {thomcbell} yes
01[09:47] {@Threei}  not all are subjected
[09:47] {thomcbell} having trouble selling existing positions
[09:47] {thomcbell} i got out of the more dangerous one
01[09:47] {@Threei}  call
01[09:48] {@Threei}  alex, have you see prince apology for putin/hitler remark?
[09:50] {thomcbell} im all out of positions thanks vad
01[09:51] {@Threei}  :)
01[09:54] {@Threei} Short Setup: GLD  .55 break
01[09:54] {@Threei}  If holds  .60
[09:54] {dino} hibb hl l .00 hooker
[09:55] {dino} opps sm not hl
[09:55] {dino} out sale .85, +.40
[09:56] {thomcbell} splk looking for a bounce here
01[09:59] {@Threei} Long Setup:  P  .90 break
01[09:59] {@Threei}  If holds  .80
[09:59] {dino} out hibb .40, +.40
01[09:59] {@Threei}  *(US) APR NEW HOME SALES: 433K V 425KE
[10:00] {dino} 07 green
[10:00] {dino} esi blood again
01[10:00] {@Threei}  Invalidated  P
01[10:02] {@Threei}  1:1  GLD
[10:03] {Alexs} no Vad, prince who?
01[10:04] {@Threei}  prince charles
01[10:04] {@Threei}  just read it
01[10:04] {@Threei}  ot will remind you one old joke
01[10:04] {@Threei}  http://www.newyorker.com/online/blogs/borowitzreport/2014/05/an-apology-from-prince-charles.html
[10:07] {cosmo} I thought royalty stayed away from such type of coments.
[10:07] {thomcbell} aal and dal trading well here
[10:07] {Alexs} it's a joke cosmo
[10:07] {Alexs} he didn't say that
[10:07] {cosmo} sigh
01[10:08] {@Threei}  http://www.bbc.com/news/uk-27515086
01[10:08] {@Threei}  it's not alex
[10:14] {dino} hibb drop
[10:14] {Alexs} but a letter of apology is borowitz joke Vad
01[10:15] {@Threei}  ah, that part yes
[10:16] {thomcbell} big offer 39.15 on aal
[10:19] {dino} hibb sm l .98 gappy
[10:29] {thomcbell} SN Stabilizing here looks like it might be worth a long shot here
[10:30] {thomcbell} needs to get back over 32.15
[10:32] {dino} arun hl l .79
[10:37] {thomcbell} SN 32.15 long break if holding 32 half lot
[10:37] {thomcbell} 1:1 if anyone got anylol
[10:40] {thomcbell} snd 1:2
[10:40] {thomcbell} sn
[10:41] {thomcbell} still very jumpy
[10:41] {dino} gj
01[10:43] {@Threei} Short Setup: P  .10 break
01[10:44] {@Threei}  If holds  .15
[10:44] {thomcbell} hibb looks like a pattern
[10:44] {thomcbell} 54 long break
[10:45] {dino} wide sucker in at .98
[10:45] {thomcbell} no go
[10:47] {dino} arun stop .69 -.10
[10:50] {dino} arun rinsed
[10:51] {dino} sale hl l .14 stop lod bk
01[10:56] {@Threei}  YESSS!
01[10:56] {@Threei}  Italy will include prostitution and illegal drug sales in the gross domestic product calculation this year, a boost for its chronically stagnant economy and Prime Minister Matteo Renzi’s effort to meet deficit targets.
01[10:56] {@Threei}  that's how you do it!
[10:56] {ese} now thats funny!
01[10:57] {@Threei}  Drugs, prostitution and smuggling will be part of GDP as of 2014 and prior-year figures will be adjusted to reflect the change in methodology, the Istat national statistics office said today. The revision was made to comply with European Union rules, it said.
[10:57] {ese} theres probably some viable business models out there so why not
[11:05] {_jaredt} frustrating...my arca limit orders in DAS still won't fill
01[11:05] {@Threei}  1:1
01[11:06] {@Threei}  Russia said to have prepared classified document with retaliatory measures to Western sanctions over Ukraine
[11:07] {_jaredt} took scalp on P, Thanks Threei
01[11:08] {@Threei}  :)
[11:08] {dino} retaliatory measure: take more unkrainian land
01[11:08] {@Threei}  as a first step...
[11:11] {dino} sale stop -.26
[11:38] {dino} and another rinse
[11:49] {ese} to all the down south neighbors.....have a great long weekend....ehhhhhhh!
01[11:49] {@Threei}  take care ese
[11:49] {dino} cya
[11:50] {RonS} dang right you canuckian yahoo...
01[11:50] {@Threei}  lol
[11:56] {dino} ades spike
01[12:04] {@Threei}  ssian President Vladimir Putin trained his pugnacious rhetoric on President Barack Obama on Friday, answering an allegation that he has lied about Ukraine. “Who is he to judge?” Putin said, according to an interpreter. “Who is he to judge, seriously? If he wants to judge people, why doesn’t he get a job in court somewhere?”
[12:06] {Alexs} lol I've seen it funny
[12:06] {RonS} arun vwap wall
01[12:06] {@Threei} Short Setup: GLD  .37 break
01[12:06] {@Threei}  If holds  .45
[12:06] {Alexs} he made a lot of funny remarks
01[12:07] {@Threei}  he feels like a winner
01[12:07] {@Threei}  and whatever ese thinks, he mostly is
[12:07] {Alexs} he is actually
[12:08] {Alexs} that gas contract with China will help them a lot
01[12:09] {@Threei}  I was unimpressed with that particular bit
01[12:09] {@Threei}  too small of a contract on too tough conditions
01[12:09] {@Threei}  more of a display than substance
[12:11] {Alexs} I don't know so much the details
[12:13] {Alexs} but russian stocks and rouble rise on it
01[12:14] {@Threei}  they dropped so much, they'll rise on announcement that Putin hasn't sneezed this morning
[12:15] {Alexs} rouble at 5 month high btw
01[12:16] {@Threei}  you now market
01[12:16] {@Threei}  it has very little to do with these things
01[12:16] {@Threei}  china contract, years from now, small and uncertain, and most likely practically unprofitable... how does it prop rouble today?
[12:19] {Alexs} Why the Russia-China gas deal matters http://www.cnbc.com/id/101693525
01[12:19] {@Threei}  oh come on
01[12:20] {@Threei}  I'll show you another article explaining why it doesn't :)
[12:20] {Alexs} I guess form ukraine press
01[12:20] {@Threei}  not at all
01[12:20] {@Threei}  but whatever
01[12:20] {@Threei}  look at the numbers, they tell whole story
[12:21] {Alexs} what do you mean $400 bil is a small number?
01[12:21] {@Threei}  over 30 years?
01[12:21] {@Threei}  yes, very
[12:22] {Alexs} Yeah but they replace Europe
01[12:22] {@Threei}  38B cft a year? EU buys 170-200 from Russia
01[12:22] {@Threei}  how is it replacement?
01[12:22] {@Threei}  and price is way lower than Russia wanted
01[12:22] {@Threei}  there is a good reason why they couldn't sign that agreement for 10 years
01[12:27] {@Threei}  this will you more background: http://time.com/109161/china-russia-gas-deal/
01[12:27] {@Threei}  die GLD
01[12:29] {@Threei}  1:1
01[12:30] {@Threei}  this is 6th win in a row if my math is right
01[12:30] {@Threei}  2 of them 1:3ers
01[12:30] {@Threei}  not too shabby for a friday before long weekend
[12:33] {nemo} unless your software is fubar
[12:33] {_jaredt} right lol
[12:33] {nemo} _jaredt and dp, if you're having problems have you notified nonko?
[12:33] {_jaredt} yes
[12:33] {nemo} ok
[12:34] {nemo} many of the accounts are having no problem
[12:34] {dptl} i dont realy had problem yet
[12:34] {nemo} good
[12:34] {_jaredt} my arcal orders are working now, they just seem to fill way later than usual
[12:34] {nemo} _jaredt did you just get set up on Nonko?
[12:34] {_jaredt} yes
[12:34] {nemo} that might be it then
01[12:36] {@Threei}  rite of passage??
01[12:37] {@Threei}  lol
[12:53] {cosmo} OK then, baptize this:  files.abovetopsecret.com/images/member/38d6cb26061a.jpg
[12:54] {cosmo} oh darn...
[12:58] {cosmo} http://files.abovetopsecret.com/images/member/38d6cb26061a.jpg
[12:59] {dptl} lol
01[12:59] {@Threei}  great... like I needed more nightmares
[12:59] {cosmo} only if you're catholic
[13:04] {_jaredt} see anything DAL?
01[13:05] {@Threei}  not really
[13:07] {RonS} paper had story re some guy in Louisiana who drowned during his baptism...
[13:07] {RonS} ...probably a drunk cajun...
[13:07] {_jaredt} lol
01[13:08] {@Threei}  can we say he died happy?
01[13:08] {@Threei}  and for a cause
[13:08] {RonS} lol
01[13:24] {@Threei}  (UR) Fresh clashes between pro-Russian insurgents and the Ukrainian Army are being reported today- Attacks by up to 500 pro-Russia separatists have left 20 dead
[13:24] {dino} shoo drop
[13:27] {RonS} think will wait for the other shoo to drop...
01[13:27] {@Threei}  too easy ron
[13:27] {dino} nmbl spike
[13:27] {_jaredt} i thought that was coming...
01[13:27] {@Threei}  can't blame you though, it's friday
[13:30] {nathan} hi gents
01[13:30] {@Threei}  hey nathan
[13:31] {nathan} i read the trading log and... not a bad week?
01[13:32] {@Threei}  no... and 6 for 6 today
[13:32] {nathan} wow
[13:40] {Alexs} Putin's 'best': Ukraine, sanctions & Obama http://video.cnbc.com/gallery/?video=3000278366
01[13:43] {@Threei}  lol
01[13:43] {@Threei}  translation softens his words
[13:43] {Alexs} in russian it sounds funnier
01[13:43] {@Threei}  yup, and more pointed
01[13:44] {@Threei}  Putin: wow, you are tiresome! Interpreteur: oh come on
[13:46] {Alexs} rofl
01[13:48] {@Threei}  in russian even better than that... Vo pristal
[13:48] {dino} hibb last vtry hl l .67
[13:50] {Alexs} imagine any other president says something like that to the reporter...
01[13:50] {@Threei}  yeah... he doesn't give a damn
01[13:50] {@Threei}  zero respect for the west
01[13:51] {@Threei}  and can you blame him after they demonstrated such incompetence
[13:51] {Alexs} I guess for anybody
[14:10] {dino} hibb stopped again. calling it a week, gn all
01[14:10] {@Threei}  have a good weekend dino
[14:10] {RonS} have a good weekend all, outta here too...
[14:10] {nathan} gn all
01[14:11] {@Threei}  was it something I said?
[14:11] {nathan} :-)
[14:16] {thomcbell} have a good weekend all
01[14:16] {@Threei}  take care thom
[14:16] {Alexs} have a good one thom
[14:42] {dptl} have a good weekend all
01[14:42] {@Threei}  I'll die alone...
01[14:52] {@Threei}  watching IWM for pullback
[14:53] {Alexs} Vad what time do you wake up weekdays?
01[14:54] {@Threei}  depends...
01[14:54] {@Threei}  Sat is catch up day, I sleep longer
01[14:55] {@Threei}  Sun, no more than 8 am
[14:55] {Alexs} no i mean mon-fri
01[14:57] {@Threei}  oh
01[14:57] {@Threei}  5:45
01[15:00] {@Threei}  and I am free at 1 pm :)
[15:02] {Alexs} yeah it's an advantage
[15:09] {Alexs} you sought .80 or .75 IWM ?
01[15:09] {@Threei}  .75
01[15:15] {@Threei} Long Setup:  DAL  .25 break
01[15:15] {@Threei}  If holds  .20
01[15:16] {@Threei}  .15, sorry
[15:17] {Alexs} short?
01[15:17] {@Threei}  nah
01[15:17] {@Threei}  maybe better entry on a long side if pulls back
[15:17] {Alexs} oh
[15:21] {nemo} shorts probably not a good idea in general this lack of volume usually indicates levitation
01[15:24] {@Threei}  plus, rightly or not, market considers Ukraine matter closed
01[15:24] {@Threei}  so floating up into close is market's way to prepare for gap up on Tue
[15:25] {Alexs} still remember our beer bet?
01[15:26] {@Threei}  sure... but it's a separate matter
[15:26] {Alexs} lol
01[15:26] {@Threei}  Ukraine may break in 5 parts, and market won't blink - as long as there is no war
01[15:26] {@Threei}  market doesn't care whether it's whole or not, independent or not
01[15:27] {@Threei}  whether war breaks out or not is what matters
[15:27] {Alexs} truth
[15:28] {nemo} new spy all time highs
01[15:28] {@Threei}  frikin IWM
01[15:28] {@Threei}  got away
01[15:29] {@Threei}  disregard DAL
[15:29] {Alexs} I think in 1 month it will be no war and Ukraine will stay the same  size as it is now
01[15:29] {@Threei}  doesn't trade right
01[15:31] {@Threei}  so far tensions and fights only intensify
[15:31] {nemo} IWM basically robot traded since 1:30
01[15:31] {@Threei}  we need to wean you of twitter, nemo...
[15:32] {nemo} just looking at the chart
[15:32] {nemo} what?  you think there are humans still working this afternoon?
[15:32] {nemo} even most of the algos left for the hamptons
[15:32] {Alexs} what signs nemo?
01[15:32] {@Threei}  some do, but it doesn't even matter
01[15:32] {@Threei}  any program is designed by human
01[15:33] {@Threei}  what difference does it make who pushes a button
[15:33] {nemo} narrow relatively uniform chart
[15:33] {_jaredt} oh, you guys are human here?
01[15:33] {@Threei}  no but don't tell anyone
01[15:33] {@Threei}  I am from Krypton... nemo is from Saturn
[15:33] {nemo} yeah 3eye is human....not
01[15:34] {@Threei}  and alex still haven't confessed which planet he is from
01[15:34] {@Threei}  but we are planning torture next week, to find out
[15:35] {Alexs} I like torture :)
01[15:35] {@Threei}  it will be brutal...
[15:35] {_jaredt} is that why you day trade? ;)
01[15:35] {@Threei}  nemo will show you a bottle of Russian Standard
01[15:36] {@Threei}  not letting you touch it
[15:36] {Alexs} Platinum please
01[15:36] {@Threei}  yes
[15:40] {_jaredt} well, Thanks for letting me join you all this week.  Good luck all. I'll be in touch. Thanks
01[15:40] {@Threei}  have a good weekend jared
[15:40] {_jaredt} you too
01[15:41] {@Threei}  OK guys, let's have a good relaxing long weekend
01[15:41] {@Threei}  have fun and rest well, see you on Tuesday!



Thursday, May 22, 2014

May 22 2014

Another quiet but profitable day. Nothing earthshaking, just kind of another day in the office.

Session Time: Thu May 22 00:00:00 2014
[08:52] {dino} gm
01[08:53] {@Threei}  dino :)
01[09:04] {@Threei}  (IR) Russia planning to sign contract in 2014 to build eight nuclear reactors in Iran '
[09:07] {_jaredt} gm
01[09:07] {@Threei}  jared :)
01[09:11] {@Threei}  ese is about to come in livid
[09:11] {RonS} gm...ran out of drumsticks?
[09:12] {thomcbell} PHH – PHH Corp. – MP – Reuters article out mid-day saying they are selling the fleet business to Element Financial for $1.35B. PHH also issued a RELEASE confirming the discussions. UPDATED THOUGHTS: (1) Some confusion in the market place over the fleet biz. valuation. That business has $405M in equity. BUT, the articles note Element will receive a $400M tax basis write-up which 
[09:12] {thomcbell} bridges the gap between the 1.6x BV multiple cited and the $1.35B valuation. (2) DEBT IMPLICATIONS – PHH has $250M of converts maturing in ’14 which they have cash on hand to settle. They have another $250M in converts maturing after that point and $795M in term notes. Given where the debt trades, PHH would likely need to come up with ~$200M (estimated) in cash to settle the debt. (3) 
[09:12] {troub} good morning you all
[09:12] {thomcbell} BREAK UP VALUE? – PHH market cap is $1.35B. Bose thinks you put 1x TBV on mortgage piece ($1.1B) and then question becomes if the DTL ($798M / $10.35/shr) is transferrable or realized at the time of the sale, but Bose’s note lays out $26.20-$36.50 in possible value.BOTTOM LINE: Of course the question is who’s the buyer of the mortgage business and how will the private label contracts 
01[09:12] {@Threei}  teachers union announced strike... in response, givernemt said they'll cut their salaries by 10% if they do, and lock them out in June
[09:12] {thomcbell} get renegotiated. BUT, clearly the break-up value is higher (and potentially much higher) than where the stock closed. And the Fleet biz. seems like it definitely is going to be sold…end of the day we are MP but I want to buy the stock here as the risk reward seems very favorable in my view with limited downside (~$1-2) with potential 50% upside IF all goes right…
01[09:12] {@Threei}  troub, thom :)
01[09:14] {@Threei}  firestorm in BC... teachers demanded over 20% increase, never mentioning it in public and talking about "class composition" etc
01[09:15] {@Threei}  "we haven't had a raise in years"
01[09:15] {@Threei}  never mind that neither did ordinary taxpayer who pays their salaries
01[09:17] {@Threei}  sharp escalation in Ukraine
01[09:17] {@Threei}  probably what caused gold gap
[09:18] {cosmo} silver gap bigger fwiw
01[09:18] {@Threei}  I guess because it got beaten up more sdeverly
01[09:18] {@Threei}  -d
[09:20] {cosmo} maybe its because of all the silver bullets they're gonna need
01[09:20] {@Threei}  there is werewolf infestation?
[09:21] {cosmo} zombie were wolfs...yes
[09:25] {dino} isn't dracula from ukraine area?
[09:25] {cosmo} nearby i think
[09:25] {dino} or am i thinking vad the impaler
01[09:25] {@Threei}  Romania
[09:25] {dptl} good morning
[09:25] {cosmo} :)
01[09:25] {@Threei}  not too far
01[09:26] {@Threei}  dp :)
[09:26] {RonS} dino, think the guy's name was vlad...
[09:27] {dino} i know, :)
[09:27] {dino} rds/b going for gap fill
[09:28] {cosmo} and then there's those werewolves of london...
01[09:28] {@Threei}  well, those must be russians
[09:28] {dino} they were good movies, american werewolf
01[09:29] {@Threei}  London is oligarchs' playground
01[09:30] {@Threei} Long Setup:  FB  .90 break hl
01[09:30] {@Threei}  If holds  .80 
01[09:31] {@Threei}  change to .80 break
01[09:31] {@Threei}  yeah right
01[09:31] {@Threei}  lol
[09:31] {dino} rds/b hl l .59
01[09:31] {@Threei}  ugh, this one got away
01[09:31] {@Threei}  1:3
[09:32] {dino} all these pros talking gloom and doom has me thinking otherwise
[09:32] {nemo} I agree
01[09:32] {@Threei}  yeah
01[09:32] {@Threei}  this market wants to melt up
[09:32] {dino} indeed
[09:34] {cosmo} were else is all that 2008 bailout gonna go ...eventually?
01[09:34] {@Threei} Long Setup:  FCX  .30 break
01[09:35] {@Threei}  If holds  .25 
01[09:35] {@Threei}  change to .25 break
01[09:35] {@Threei}  If holds  .20 
01[09:36] {@Threei} Long Setup:  FB  .80 break
01[09:36] {@Threei}  If holds  .70 
01[09:37] {@Threei}  1:1  
01[09:38] {@Threei}  1:2  
01[09:38] {@Threei}  1:1  FCX  close enough
01[09:38] {@Threei}  half out
[09:40] {dino} musa spike
[09:46] {dino} urbn hl l .50
01[09:47] {@Threei} Short Setup: P  .25 break
01[09:47] {@Threei}  If holds  .35 
[09:48] {dino} musa sm s .85
01[09:48] {@Threei}  1:1  
[09:49] {thomcbell} sn lord 
[09:51] {dino} taking some yy swing off from 5/8 +5.15
[09:51] {dino} holding small amount want 65
[09:53] {nemo} numbers at 10
[09:53] {dino} urbn stop is lod brk
[09:53] {dino} rds/b frozen
[09:54] {nemo} special dividend dino?
[09:55] {dino} i'm reading dividend in cash only, but nothing paid today, unless i'm missing it
[09:59] {nemo} think there might be a problem with the BATS feed
[09:59] {dino} cov musa ave .47, +.38
01[10:00] {@Threei}  *(US) APR EXISTING HOME SALES: 4.65M V 4.69ME
01[10:00] {@Threei}  *(US) APR LEADING INDEX: 0.4% V 0.4%E
[10:03] {goinshort} P 1:2 and out - thanks !
01[10:03] {@Threei}  yw
[10:04] {RonS} sale marked down
[10:05] {goinshort} out FCX small scalp
01[10:07] {@Threei}  whew Ron... had me worried... day is back on track now
01[10:07] {@Threei}  wow P
[10:08] {dino} sale smr l .14
01[10:09] {@Threei} Long Setup:  P  .75 breeak
[10:10] {thomcbell} any clue why sale is down }
01[10:10] {@Threei}  If holds  .65 
01[10:10] {@Threei}  no news that I see thom
01[10:10] {@Threei}  1:2  FCX 
01[10:12] {@Threei}  1:1  P 
[10:17] {thomcbell} phh trades pretty well
[10:22] {dino} out sale .44, +1.30, ty ron
[10:22] {RonS} tagged sale 27.30 to 28.35 +1.05
01[10:22] {@Threei}  wtg
[10:22] {dptl} das issues with executions
[10:23] {dino} hate to say it ron, but most likely another $ up in it
[10:23] {RonS} das eeze no gut
[10:25] {RonS} dino w/ that block volume dumpage it could return...we took the easy money
[10:25] {dino} rds/b to .83
[10:26] {dino} to .89
[10:29] {dino} kold spike
[10:30] {dino} ugaz drop
[10:30] {RonS} chilling...
01[10:31] {@Threei}  lol
[10:31] {thomcbell} sale molto bene
[10:31] {dino} rds/b stop .89, +.30
[10:31] {dino} ugaz smr l .38
01[10:31] {@Threei}  Google Inc Has begun rolling out Panda 4.0 update to main search algorithm, designed to further weed out certain low-quality content - tech blogsAccording to Searchmetrics data, big losers in Google page rankings include eBay, Ask.com and Retailmenot.com
01[10:32] {@Threei}  why ebay
[10:32] {dino} yy animal today
[10:34] {cosmo} compitition?
01[10:35] {@Threei}  ebay and goog?
[10:35] {cosmo} you never know...
[10:41] {thomcbell} long setup POST 48.86 if holding 48.76
[10:54] {dptl} .
[10:55] {dino} out urbn .84, +.24
[10:58] {RonS} sheesh missed pdco
[10:59] {dino} momo's on the move today
[11:00] {thomcbell} post invalidated looking for another setup - now has some work to do
[11:00] {RonS} post toastie?
[11:01] {dino} post hammered?
[11:02] {dino} scanners slowing down
[11:03] {troub} dino, smr is what?
[11:04] {RonS} has said before 300 shares
[11:05] {RonS} smr short for smaller i guess...dinospeak
[11:05] {troub} didn't see it Ron. thanks
[11:06] {RonS} after years i finally wrote it all down...dinospeak
[11:06] {troub} I'll start my list now
[11:06] {RonS} lol...didn't have dl....thought it was "don't like"
[11:08] {RonS} my list...no mention = 1k, hl = 500, sm = 400, smr 300, vsm 200
[11:09] {RonS} s/l 3-400 -.33-.36, 500 -.20, 1k -.12
01[11:09] {@Threei}  and main dinoterm: iityiwhtku
01[11:09] {@Threei}  if I told you I would have to kill u
[11:11] {troub} glad Dino didn't tell me LOL,  I like living
01[11:11] {@Threei}  it's temporary
[11:13] {thomcbell} sn got its pullback 
[11:14] {dino} ron, thats copywriter info....:)
[11:15] {dino} you forgot pulp and hooker
[11:15] {RonS} ya but knew those by heart...
[11:17] {RonS} pulp = mover, as in moving all over the place...hooker = wide spread as in the bid/ask is .15 to 1.00
[11:18] {RonS} last one...golf trip = dino gone
[11:20] {troub} Thanks Ron for education. I'll send flowers if Dino gets to you.
[11:22] {dino} esi drop
[11:23] {dino} lol ron, had nice round going last night until 9th hole (ob on drive), went from 2 over to 4 over
[11:29] {dino} esi bloody
[11:31] {dino} smr l .99
[11:32] {dino} out ugaz .59, +.20
[11:33] {dino} 4%=20% hmmm
[11:34] {dino} 28%
[11:35] {RonS} ?
[11:36] {dino} out esi 19.09, +1.10
01[11:37] {@Threei} Long Setup:  IWM  111 break
01[11:37] {@Threei}  If holds  .90 
[11:38] {thomcbell} phh 25 long brak if holding 24.90
[11:39] {dino} damn sold that esi way too soon
[11:41] {thomcbell} couple of big prints on sn 
[11:41] {thomcbell} 290k and 21k at 33.10 
[11:41] {thomcbell} dont know what to make of it in the context of this crazy move
01[11:42] {@Threei}  ok IWM... you consolidated enough
01[11:42] {@Threei}  break and run
01[11:43] {@Threei}  let's see maybe .90 break is beter way to play it
01[11:43] {@Threei}  change to .90
01[11:43] {@Threei}  If holds  .80 
01[11:52] {@Threei}  1:1  
[12:05] {RonS} soda fizzle
[12:07] {RonS} tgt banged
[12:08] {thomcbell} phh 1:2
[12:08] {_jaredt} dang, you're good... :)
[12:08] {RonS} just born in the land of corn...  :)
[12:09] {RonS} Ohio fwiw
01[12:10] {@Threei}  SODA is too easy for ron... it eaiether pops or fizzles
01[12:10] {@Threei}  (and he did both)
[12:11] {RonS} but today was a classic fizzle...
[12:13] {RonS} cpla gone acapella
[12:14] {RonS} esi hitting them all...stra apol cpla
[12:16] {dino} thats some drop on esi, for a slight miss
[12:18] {RonS} dropped guidance forward due to accounting questions over some kind of loan program...
[12:19] {RonS} look sale...told ya...have to pay attention to the block volume...the big holders should be smarter than us...
[12:21] {RonS} my rule of thumb...anytime block volume is over 10% of total it means real trouble
[12:22] {dino} sale news is just that google thing right? will be watching it tomorrow
[12:23] {RonS} ...the other extreme is true too...selloff on little to no block volume means noone big wants to buy a block so the big holders have to feed their shares so the offer pressure can be relentless
01[12:24] {@Threei}  looks like dino... I see nothing else
[12:25] {dino} same here vad, thx
[12:28] {dino} get used to this slow down, most likely even slower tomorrow
01[12:29] {@Threei}  unless Ukraune flares up before the election
[12:32] {dino} lol, when i sad 65 on yy, i didn't expect it to happen today, but the way its trading....
[12:41] {RonS} dv acting like it wants the gap
01[12:48] {@Threei} Short Setup: SALE  .85 break hl
01[12:48] {@Threei}  If holds  27 
01[12:49] {@Threei}  yuck
[12:50] {_jaredt} lol
[12:50] {_jaredt} that sucks
01[12:51] {@Threei}  look at this
01[12:51] {@Threei}  (US) Deutsche Bank Chief International Economist: The Fed may increase its inflation views in June, possibly by a wide margin
01[12:51] {@Threei}  RetailMeNot, Inc. RetailMeNot Statement on Recent Press Concerning Commentary on Search Engine Ranking PerformanceThe company believes these reports greatly overstate the impact on RetailMeNot.com. Over RetailMeNot's history, search engines have periodically implemented algorithm changes that have caused traffic to fluctuate. It is too early to judge any potential impact of the latest Google algorithm change. While RetailMeNot's traffic with Google continues to grow year-over-year, the company has experienced some shift in rankings and traffic. The company continues to believe its focus on content quality and user experience will continue to help grow the business, enable consumers to save money and drive retailer sales.
01[12:53] {@Threei}  somg
[12:53] {thomcbell} will probably have a good bounce soon 
01[12:54] {@Threei}  don't you hate it when right idea gets rinsed so brutally
[12:57] {goinshort} 1:3 sale - thanks
[12:57] {RonS} lol
01[13:00] {@Threei}  yw
01[13:11] {@Threei} Long Setup:  ABBV  .20 break
01[13:11] {@Threei}  If holds  .15 
[13:12] {RonS} yer killin me...every time you post abbv i think abba...the horror
01[13:12] {@Threei}  ouch
01[13:13] {@Threei}  sorry
[13:13] {RonS} hehe
01[13:13] {@Threei}  I would never, knowingly...
01[13:13] {@Threei}  valid again
01[13:14] {@Threei}  with stop under .10
[13:15] {dino} with this slow down, not going to ruin a great morning, so going to mow the lawn. gn all, thx for ideas
[13:15] {RonS} good idea dino....cya
[13:15] {dino} :)
01[13:16] {@Threei}  crap... darn neighbor with his tractor, my lawn is mowed
01[13:17] {@Threei}  change to .15 break
[13:26] {thomcbell} sn - 32.50 long break if holding 32.40
[13:26] {thomcbell} small shares 
[13:38] {thomcbell} sn invalidated
01[13:45] {@Threei}  half out swedish pop group
01[13:45] {@Threei}  stop to .14
01[13:45] {@Threei}  {--- succesfully squeezing juice out of stone
[13:47] {thomcbell} big offer on sale getting eaten here 
01[13:47] {@Threei}  big offer on sale?
[13:47] {thomcbell} was at 24.70 
01[13:48] {@Threei}  thom, you are competing with ron here :)
[13:48] {thomcbell} shocking move 
[13:49] {thomcbell} might be start of rally 
[13:49] {thomcbell} on Sale
01[13:58] {@Threei}  http://www.newrepublic.com/article/117848/peoples-republic-luhansk-appoints-minister-culture
01[13:58] {@Threei}  this is probably the best item that ever came out of the whole ordeal
[14:27] {dptl} nonko clearing is still having issues (all day today) most likly they won't fix it today
[14:28] {RonS} outta here early...had real nice day, thanks everyone
[14:29] {dptl} going too, will see ya tomorrow ...
[14:30] {_jaredt} IWM?
[14:30] {_jaredt} cup handle
01[14:31] {@Threei}  let's try to catch pullback
01[14:31] {@Threei}  breakouts are still tough proposition
01[14:52] {@Threei}  oh boy
01[14:53] {@Threei}  eBay Inc New York AG has reportedly asked eBay to give all users impacted by the data breach free credit
01[14:53] {@Threei}  how the deuce is this AG's business?
[14:56] {Alexs} he is on of those users I guess
01[14:57] {@Threei}  lol
[14:57] {Alexs} one
01[14:57] {@Threei}  amazing how they feel they can tell businesses what to do
01[14:58] {@Threei} Long Setup:  ABBV  .85 break
01[14:58] {@Threei}  If holds  .75 
[15:01] {Alexs} Putin will be tomorrow morning at Squawk Box CNBC
01[15:02] {@Threei}  what time?
[15:02] {Alexs} they just said tomorrow morning
[15:03] {Alexs} Squawk Box from 6 to 9 usually
01[15:04] {@Threei}  I am likely to miss it then
[15:04] {Alexs} lol
01[15:04] {@Threei}  not that I couldn't finction without it...
01[15:05] {@Threei}  no go ABBV
[15:06] {Alexs} you view of IWM was right Vad
01[15:07] {@Threei}  let's see if we can find entry
01[15:08] {@Threei}  .90 break is standard way...
01[15:08] {@Threei}  but feels like more selling should come
01[15:08] {@Threei}  I'd wait a bit more
01[15:11] {@Threei}  in fact...
01[15:11] {@Threei}  it doesn't look like long is a way to go at all
01[15:11] {@Threei} Long Setup:  TZA  .45 break
01[15:12] {@Threei}  If holds  .35 
01[15:27] {@Threei}  OK
01[15:27] {@Threei}  lt's do this last quick push
01[15:27] {@Threei}  let's too
[15:27] {_jaredt} are you in?
01[15:27] {@Threei}  not triggered yet
01[15:27] {@Threei}  but ready to
01[15:28] {@Threei}  anyone needs Kyiv Entertainment Guide May 23 - June 1, I have a link
01[15:29] {@Threei}  hmmm... no takers...
01[15:30] {@Threei}  come on cosmo, be adventurous
[15:32] {troub} Vad, not to argue, but I triggered @ .46 several min. ago
[15:32] {_jaredt} me too
01[15:32] {@Threei}  huh... where was I
[15:33] {nemo} not thinking
[15:33] {troub} hitting the Vodka already?
[15:33] {nemo} intravenously
[15:34] {nemo} he's got a permanent port installed
[15:34] {troub} saves time that way
01[15:36] {@Threei}  saves vodka too, no chance of accidental spillage
[15:39] {thomcbell} sn looking vulnerable 
06[15:42] * @Threei kicks TZA in the rear
06[15:46] * @Threei kicks TZA in the rear with steel toe heavy duty army boots
[15:49] {_jaredt} try kicking one more time....
01[15:50] {@Threei}  hmmm... it might not respond well to violence
01[15:50] {@Threei}  second kick was less effective
01[15:50] {@Threei}  let's try kind word...
[15:50] {thomcbell} sn 31.50 short braek if holding 31.60
01[15:50] {@Threei}  TZA... be so kind, go up
01[15:51] {@Threei}  be mondful of time, thom
01[15:51] {@Threei}  mindful
[15:51] {thomcbell} tu 
[15:51] {goinshort} T hope you have better luck with the ladies, then you do with TZA
[15:52] {goinshort} your sweet talkin not working
01[15:52] {@Threei}  who says I sweet talk to ladies? my wife frowns upon that
[15:53] {goinshort} lol
01[15:53] {@Threei}  last chance TZA
01[15:53] {@Threei}  move you slimy bastard
01[15:54] {@Threei}  (no sweet talk no more)
[15:54] {goinshort} that's better!
01[15:54] {@Threei}  :)
01[15:55] {@Threei}  3 min
01[15:55] {@Threei}  move
01[15:56] {@Threei}  your
01[15:56] {@Threei}  butt
[15:56] {thomcbell} flat sn 
[15:56] {thomcbell} was worth a shot 
01[15:57] {@Threei}  slides now
01[15:57] {@Threei}  OK... out TZA with a scalp
01[15:58] {@Threei}  saved by the bell
[15:58] {goinshort} Out TZA nice scalp  5k shares  - thanks
01[15:58] {@Threei}  nice!
01[15:58] {@Threei}  wtg
01[15:58] {@Threei}  ok guys, thank you all
[15:58] {goinshort} cya all -thanks!
01[15:58] {@Threei}  have a great evening
[15:58] {_jaredt} thanks, cya tomorrow
01[15:58] {@Threei}  see you tomorrow

Wednesday, May 21, 2014

May 21 2014

Not really our day - scalps mixed with stops and without large trades to offset the churn. Finishing slightly negative.

Session Time: Wed May 21 00:00:00 2014
01[09:09] {@Threei}  (EU) EU Barroso: Expects Russia to respect international law
[09:13] {RonS} gm...eBay ($EBAY) Wants Users To Change Passwords Due to Cyberattack http://stks.co/c0Zzv
[09:14] {RonS} BREAKING: EBay reports cyberattack. Says financial and Paypal data not compromised.
01[09:15] {@Threei}  ron :)
[09:15] {dino} gm
01[09:16] {@Threei}  dino :)
[09:17] {troub} good morning you all
01[09:18] {@Threei}  troub :)
[09:20] {RonS} sheesh, went on ebay site which have not been in months... 1.  can't figure out how to change password 2. looks like site totally upgraded
01[09:22] {@Threei}  go to My ebay - account - personal information'
[09:24] {Alexs} gm
01[09:24] {@Threei}  alex :)
[09:25] {ese} morning
01[09:26] {@Threei}  ese :)
01[09:26] {@Threei}  Large study in England finds that smokers trying to quit were substantially more likely to succeed if they used e-cigarettes rather than nicotine patches or gum - NYT
01[09:26] {@Threei}  that's why we are trying to ban them, right?
[09:26] {ese} Have a show at the Swiftsure Yacht Race tomorrow vad......bar is open to anyone....ehhhh?
01[09:27] {@Threei}  single malt?
01[09:27] {@Threei}  flowing free and for free?
01[09:28] {@Threei}  EWBAY getting hit
[09:28] {ese} probably beer i would bet.....
01[09:28] {@Threei}  -w
01[09:28] {@Threei}  https://scontent-b-sea.xx.fbcdn.net/hphotos-frc3/t1.0-9/10377991_1509987879220969_3954429041803574056_n.jpg
[09:29] {ese} rotflol!!!!!!!!!!
[09:29] {ese} love it
01[09:31] {@Threei} Short Setup: C  .95 break
01[09:31] {@Threei}  If holds  47
01[09:34] {@Threei}  meh
[09:34] {nemo} granmama speaks today
01[09:37] {@Threei} Short Setup: DAL  .30 break
01[09:37] {@Threei}  If holds  .40
[09:38] {ese} solar companies making a bit of a move TSL JKS
01[09:45] {@Threei}  sheesh
[09:47] {_jaredt} spy holding R1
01[09:48] {@Threei}  trail to .36
01[09:50] {@Threei}  annoying
[09:53] {dino} bah hl l .92
01[09:56] {@Threei} Short Setup: JPM.45  break
01[09:56] {@Threei} Short Setup: JPM  .45 break
01[09:56] {@Threei}  If holds  .55
01[09:59] {@Threei}  *(EU) EURO ZONE MAY ADVANCE CONSUMER CONFIDENCE: -7.1 V -8.3E
01[10:00] {@Threei}  1:1
[10:02] {dptl} good morning
01[10:02] {@Threei}  dp :)
01[10:03] {@Threei}  stop to .41
01[10:07] {@Threei}  iwm
01[10:07] {@Threei} Long Setup:  IWM  110 break
01[10:07] {@Threei}  If holds  .90
01[10:10] {@Threei}  stop .94
01[10:11] {@Threei}  half out
[10:14] {thomcbell} cog looks like a 36.23 long break
[10:14] {thomcbell} i bought some
01[10:15] {@Threei}  come on already IWM
01[10:15] {@Threei}  break that wall
01[10:15] {@Threei}  COG looks nice
01[10:17] {@Threei}  stop to .99
01[10:20] {@Threei} Short Setup: CAT  102 break
01[10:20] {@Threei}  If holds  .10
[10:20] {dino} gap and sit
[10:21] {thomcbell} cog 1:1
[10:21] {nemo} GS and JPM very strong
[10:21] {dino} gj
[10:21] {dino} tza l .90
[10:23] {thomcbell} tjx 55.13 short break if holding 55.23
01[10:24] {@Threei} Long Setup:  FAZ  .10 break
01[10:24] {@Threei}  If holds  20
[10:25] {thomcbell} no go tjx
[10:27] {dino} out tza .97, +.07 dl
[10:28] {nemo} what is "dl"
[10:28] {nemo} double?
01[10:28] {@Threei}  double lot
[10:28] {dino} y
[10:28] {nemo} mpc
[10:28] {nemo} looks short
[10:28] {nemo} refiner
[10:28] {nemo} Memorial Day Weekend
[10:28] {nemo} usually the peak
[10:29] {thomcbell} cog 1:2
[10:29] {ese} no mrkt monday nemo?
[10:29] {nemo} nope
[10:30] {nemo} almost nap time minutes at 2
[10:30] {ese} then you can come up and drink at the swiftsure yacht race party here in Victoria with vad
[10:32] {nemo} Goldman is really strong today up 2%  I guess Lloyd wrote the minutes
[10:32] {ese} lol
[10:34] {ese} 21 May 07:32 [MAERSKB.DK] CFO: no clear signs of sustainable recovery in container shipping- expect overcapacity in shipping until 2017 - Source TradeTheNews.com
[10:35] {ese} accidentally walked into there office building back in 2009 when i had my high R&B band performing in Denmark
[10:35] {ese} was looking for a washroom
[10:35] {_jaredt} MPC +.20 thanks NEMO
[10:35] {ese} it's right accross the harbour from the brand new Opera house he gave the city 600 million to build
[10:37] {Alexs} WMT DKTK setup Vad?
01[10:38] {@Threei}  on short side?
[10:38] {Alexs} I meant long
01[10:38] {@Threei}  nah...
01[10:38] {@Threei}  rather looks .50 short
01[10:41] {@Threei} Short Setup: FB  .10 break
01[10:41] {@Threei}  If holds  .20
01[10:45] {@Threei}  no go
01[10:49] {@Threei}  gap'n'stall... hate it
[10:53] {dino} same
[10:54] {nemo} it's the minutes
[11:08] {RonS} phh spike
01[11:08] {@Threei}  NVS CEO: have seen unbelievable response rates with CART-19 experimental cancer treatment and hope to bring it to market within 2 years - press
[11:10] {dino} n V or n U s?
[11:10] {nemo} probably Novartis, NUS is newskin
01[11:10] {@Threei}  V
01[11:10] {@Threei}  Novartis
[11:10] {RonS} nus doesn't deal w/ cancer except maybe give it...
01[11:11] {@Threei}  lol
[11:11] {RonS} phh staying up...find no news
[11:13] {RonS} PHH in talks to sell a portion of business for 1.3B. Their market cap is 1.3
01[11:16] {@Threei}  joke of the day
01[11:16] {@Threei}  Swedish foreign minister concerned over displaced people in Ukraine
01[11:17] {@Threei}  the joke is, it's a real headline
[11:17] {dino} phh l .72
01[11:17] {@Threei}  Swedish Foreign Minister Carl Bildt has said he is worried about the rising numbers of refugees moving from Crimea and eastern regions to other parts of Ukraine because of the crisis in the country.
01[11:18] {@Threei}  I am trying hard to envision Swedish officials being very concerned over that...
[11:19] {thomcbell} thanks for the phh headline guys
[11:19] {dino} out phh .32, +.60 ty ron
01[11:19] {@Threei}  wtg
[11:22] {RonS} he's worried about "if you bildt it, they will come"...
01[11:22] {@Threei}  lol
[11:22] {RonS} line from baseball movie fwiw
[11:26] {thomcbell} field of dreams
01[11:28] {@Threei}  half out FAZ
01[11:28] {@Threei}  almost forgot I had it, lol
[11:32] {dino} phh hl s .50
01[11:45] {@Threei}  1/4 more out FAZ
[11:49] {thomcbell} now cog looks vulnerable on downside
[11:50] {dino} phh stop/cov .75
[11:50] {dino} -.25
[11:52] {dino} phh hl l .75 break
[11:58] {dino} stop to .40
[11:58] {RonS} phh deal confirmed
[11:58] {dino} to .50
[11:59] {dino} target?
[11:59] {RonS} at least talks...leasing unit for $1.35b
[11:59] {thomcbell} where did u see that ron
01[11:59] {@Threei}  FB Hearing strength attributed to comment by editor of 9to5 Mac blog regarding a possible announcement by the company later today
[11:59] {RonS} reuters ...dj
[12:00] {RonS} news on my platform
01[12:00] {@Threei}  - Follow up: Facebook to reportedly launch TV Show and Music ID apps (a la Shazam) for iOS and Android today
[12:00] {dino} to .60
[12:00] {dino} yahoo too
[12:00] {dino} flyon wall
[12:01] {dino} to .70
01[12:01] {@Threei}  FAZ stop .14
[12:01] {dino} to .80
[12:04] {dino} out phh .84, +1.08
[12:04] {RonS} gj
[12:05] {dino} thx again for alert on it
[12:05] {troub} excellent dino
[12:05] {dino} ty
01[12:08] {@Threei} Long Setup:  TZA  .40 break
01[12:08] {@Threei}  If holds  .35
01[12:15] {@Threei}  FAZ stop to .18
[12:21] {dino} wwe l .76
[12:35] {troub} dino, how long can this dance continue?
[12:38] {dino} ?
[12:39] {dino} wwe you mean?...longer that most can stay solvent, my guess
[12:50] {RonS} door slammed
01[12:51] {@Threei}  lol
[12:55] {_jaredt} i see what you did there...
01[12:55] {@Threei}  Ron's specialty
[12:55] {nemo} now it should be float up into fed minutes
[13:12] {RonS} phh hit
01[13:13] {@Threei}  FSLR To Deliver Diesel-PV Hybrid Solution to Rio Tinto in Australia
[13:17] {thomcbell}     PHH  -- Negative  --- KBW saying that the Reuters article on PHH is incorrect.  the $1.35 billion appears to be incorrect since the article says 1.6x bv  which would be closer to 650 mil
[13:20] {dino} trox spike
01[13:21] {@Threei} Long Setup:  TZA  .05 break
01[13:21] {@Threei}  If holds  .95
01[13:21] {@Threei}  (US) Fed's Kocherlakota (dove, FOMC voter): May take to 2018 to achieve the 2% inflation target
01[13:22] {@Threei}  want a clear mark of idiocy in the Fed? here it is:
01[13:22] {@Threei}  would let inflation overshoot to make up for years of undershooting.
01[13:22] {@Threei}  god, what an imbecile
01[13:23] {@Threei}  who built their ivory towers
[13:32] {RonS} no news on this trox move
01[13:34] {@Threei}  nor here
01[13:40] {@Threei}  stop .99
[13:44] {_jaredt} got disconnected.. did stop change TZA?
01[13:44] {@Threei}  .99
[13:44] {_jaredt} ty
01[13:46] {@Threei}  as it moves above .10, let's sell half, we are nearing time of FOMC minutes release
01[13:47] {@Threei}  until it hits 1:1 keep the stop at .99
01[13:47] {@Threei}  worst case scenario it's a washout
[13:50] {RonS} damn was tracking ezpw...got away
01[13:59] {@Threei}  SOME PARTICIPANTS SAID TOO EARLY TO CONFIRM ECONOMY MOVING TO SUSTAINED ABOVE-TREND GROWTH
01[14:00] {@Threei}  doh
01[14:00] {@Threei}  let's go TZA
01[14:03] {@Threei}  sigh
[14:03] {thomcbell} tlt weak after minutes
[14:09] {thomcbell} looks like kabuki dance will continue
[14:09] {thomcbell} each day a new day
01[14:09] {@Threei}  sheesh
01[14:09] {@Threei}  gimmie back my TZA
[14:10] {thomcbell} watching splk for a short entry
01[14:12] {@Threei}  any excuse is good for a nice meal:
01[14:12] {@Threei}  Rompuy invites EU heads of state to informal dinner over elections in Ukraine and EU
[14:13] {Alexs} who is Rompuy?
01[14:13] {@Threei}  European Council President
01[14:13] {@Threei} Long Setup:  JPM  .20 break
01[14:13] {@Threei}  If holds  .10
[14:16] {Alexs} who pays for the dinner?
01[14:16] {@Threei}  EU taxpayer, duh
[14:16] {Alexs} lol
[14:16] {RonS} the peasants of course...old european tradition
01[14:16] {@Threei}  come on alex... you know better :)
01[14:23] {@Threei}  stop to .14
[14:24] {thomcbell} vlo vs tso which is right?
[14:25] {thomcbell} think its vlo 53.93 long break if holding 53.81
01[14:27] {@Threei}  ok JPM... it's time
01[14:27] {@Threei}  take .30 and iksplode
01[14:27] {@Threei}  (yes, that's how you spell it)
[14:32] {dino} bap spike
[14:35] {thomcbell} aig 53.48 long break if holding 53.40
[14:36] {thomcbell} tlt fizzling this rally
[14:37] {thomcbell} vlo 1:1
01[14:37] {@Threei}  nice
01[14:39] {@Threei}  half out
01[14:39] {@Threei}  .27
01[14:39] {@Threei}  stop to .19
[14:44] {thomcbell} made another dale vlo at 54.10
[14:46] {thomcbell} out vlo
[14:51] {thomcbell} i trimmed aig -
[14:51] {thomcbell} still have a half position
[14:51] {thomcbell} its not cooperating
[14:51] {thomcbell} touched 1:1 but no enthusiasm
[14:54] {thomcbell} POST is one to watch tomorrow - trades great into a secondary
[14:55] {thomcbell} thing has gotten blasted
[15:08] {thomcbell} out aig
[15:09] {thomcbell} waste of time
01[15:11] {@Threei} Long Setup:  IWM  .80 reak
01[15:12] {@Threei}  If holds  .70
01[15:16] {@Threei}  1:1
01[15:24] {@Threei} Long Setup:  IWM  .92 break
[15:24] {dino} wwe has me in sleeper hold, slow mover, stop to .83
01[15:24] {@Threei}  If holds  .82
[15:26] {dptl} see ya tomorrow all
01[15:26] {@Threei}  you too dp
01[15:26] {@Threei}  Invalidated
[15:27] {nemo} funny...see dino's line above yours says "83" then I see your "holds .82"  and I'm thinking, that's a pretty tight stop...duh
01[15:31] {@Threei} Long Setup:  DAL  .31 break
01[15:31] {@Threei}  If holds  .25
01[15:39] {@Threei}  highly annoying day
[15:39] {RonS} i blame Les
01[15:40] {@Threei}  and why not
[15:42] {dptl} lol
[15:42] {dptl} http://www.youtube.com/watch?v=oXQkMGffOBo
[15:43] {nemo} http://goo.gl/K7EC
[15:43] {dptl} lol
[15:45] {dptl} ok going now...till tomorrow all :)
01[15:45] {@Threei}  :)
[15:46] {dino} lo spike
01[15:46] {@Threei}  Chicago Mercantile Exchange Holdings Inc Fox Business's Gasparino: CME met with bankers this week, looking to do a deal with "all the cash on its books"
[15:46] {dino} rai too
[15:46] {dino} bti too
[15:46] {dino} takeover talks
01[15:46] {@Threei}  LO Reynolds said to be in advanced talks to buy Lorillard
01[15:51] {@Threei}  DAL... gives us more than 2 cents to ginish the day, will ya?
[15:51] {nemo} can't wait until August
01[15:51] {@Threei}  if not for any other reason, to give us something to tease dp tomorrow with... "had you not left that early..."
[15:52] {_jaredt} whats in August?
01[15:52] {@Threei}  hey... 4 cents
01[15:53] {@Threei}  nemo firmly believes any august is untradable, jared
[15:53] {_jaredt} ah
01[15:53] {@Threei}  we prove him wrong every august... but he still hopes
01[15:54] {@Threei}  he is glutton for punishment
[15:54] {_jaredt} lol
01[15:55] {@Threei}  ok DAL... 3 min
01[15:55] {@Threei}  tick tock
[15:56] {dino} out wwe .85, +.10
[15:57] {RonS} wtg
[15:57] {dino} ty and gn
01[15:58] {@Threei}  you too dino
01[15:58] {@Threei}  ok... out DAL wiht mind-boggling 3 cents
01[15:58] {@Threei}  thank you all, have a good evening
01[15:58] {@Threei}  see you tomorrow
[15:59] {troub} gn you all
[15:59] {_jaredt} ty

Tuesday, May 20, 2014

May 20 2014

Another decent day, with good morning, two stops in the middle and finishing 1:2 on DAL. 


Session Time: Tue May 20 00:00:00 2014
[08:57] {dino} gm 3i
01[08:58] {@Threei}  morning dino
[09:04] {dptl} good morning
[09:05] {RonS} gm...dks bris...wanted to get that out of the way...
01[09:05] {@Threei}  dp, ron :)
[09:07] {RonS} ...slid in on his heels?
01[09:08] {@Threei}  lol
[09:14] {troub} good morning you all
01[09:15] {@Threei}  troub :)
[09:15] {RonS} funny how noone is mentioning that nOcare is that giant sucking sound siphoning discretionary spending out of retail
01[09:16] {@Threei}  that requires two-step thinking
[09:16] {dino} wait until the winter renewal rates start to kick in. they are said to be going up big
[09:17] {nemo} of course, that won't be until AFTER the elections
01[09:17] {@Threei}  wintre renewal is a cousin of summer recovery?
[09:19] {nemo} spy volume is putrid
[09:20] {RonS} that cosmos series ended up being a giant lead into a huge climate change propaganda message...was so pissed i wanted to puke
[09:20] {ese} morning
01[09:21] {@Threei}  ese :)
[09:21] {ese} vad
[09:21] {ese} i guess you didn't make it out to the Victoria Day parade yesterday to see my high school band on a float
[09:21] {RonS} to add insult to injury there was no science presentation in the message
01[09:22] {@Threei}  I actually was working, you know :)
[09:22] {ese} lol.......yup i did know....
[09:23] {RonS} is Victoria Day for the Queen or the city?
01[09:23] {@Threei}  wow Ron... I was going to watch it later. Might skip it
[09:23] {ese} but with modern tech these days you never know
01[09:23] {@Threei}  Queen
01[09:24] {@Threei}  Gunmen seize control of district election offices in Donetsk and Luhansk oblasts, steal ballots and documents
[09:24] {ese} i was walking beside the float with an ipad controlling the faders of the sound system...you could have your whole off office right there sitting in a chair
01[09:24] {@Threei}  I guess they are not big on electing Ukraine president
01[09:24] {@Threei}  lol... I am not big on crowds, ese :)
[09:25] {ese} they were big downtown for sure
01[09:27] {@Threei}  also, I think nemo brainwashed me
01[09:27] {@Threei}  I feel more and more like anarchist
[09:28] {Alexs} gm
01[09:28] {@Threei}  alex :)
[09:29] {ese} May 20, 2014 5:30:03 AM PDT  *(CA) CANADA MAR WHOLESALE TRADE SALES M/M: -0.4% V +0.4%E - .....................nobdys buying our stuff
[09:30] {ese} nobody on this board like Canadain liquor or what?   whats the deal there
01[09:31] {@Threei} Long Setup:  EBAY  .10 break hl
[09:31] {ese} i figured Les and nemo could singel handedly keep our economy a float
01[09:31] {@Threei}  If holds  52
01[09:33] {@Threei} Short Setup: FB  .70 break hl
01[09:33] {@Threei}  If holds  .80
01[09:33] {@Threei}  Invalidated  EBAY
01[09:34] {@Threei}  1:1  FB
01[09:36] {@Threei} Long Setup:  WMT  .05 break
01[09:36] {@Threei}  If holds  76
01[09:36] {@Threei}  Invalidated
01[09:37] {@Threei} Long Setup:  TZA  .85 break
01[09:37] {@Threei}  If holds  .80
01[09:41] {@Threei}  1:1
01[09:43] {@Threei}  1:2
01[09:45] {@Threei} Short Setup: FB  .60 break hl
01[09:45] {@Threei}  If holds  .10
01[09:45] {@Threei}  chnage to .10 break
01[09:45] {@Threei}  If holds  .20
[09:45] {troub} TAZ good one vad
[09:46] {troub} TZA or what ever
01[09:46] {@Threei}  :)
[09:46] {goinshort} thanks - tza
01[09:46] {@Threei}  1:1  FB
01[09:46] {@Threei}  yw
01[09:47] {@Threei}  1:2
01[09:47] {@Threei}  1:3
01[09:48] {@Threei}  out in full .75
[09:48] {goinshort} nice V!
[09:48] {dino} gj
01[09:48] {@Threei}  ty
01[09:52] {@Threei}  hmmm
01[09:53] {@Threei}  National Geographic photocontest... open to anyone who do NOT reside in Cuba, Iran, New Jersey, North Korea, Sudan or Syria
[09:53] {RonS} new jersey?  lol
[09:53] {Alexs} lol
01[09:53] {@Threei}  1:3  TZA
01[09:53] {@Threei}  out
01[09:54] {@Threei}  that's what caught my attention, lol
[09:54] {_jaredt} no pics of snookie...
01[09:54] {@Threei}  rofl
01[09:55] {@Threei}  ugh... FB was worth second entry
01[09:55] {@Threei}  .90 actually begged for it
01[09:58] {@Threei} Long Setup:  IWM  .40 break
01[09:58] {@Threei}  If holds  .30
01[09:58] {@Threei}  Invalidated
01[09:59] {@Threei}  (duh)
[10:00] {ese} interesting specs for that photo contest
[10:04] {dino} cab hl l .05
01[10:06] {@Threei} Long Setup:  WMT  .10 break
01[10:06] {@Threei}  If holds  76
[10:09] {_jaredt} took .40 from cab, thanks DINO
[10:10] {RonS} wtg
01[10:10] {@Threei}  nice
[10:10] {RonS} took cab .05 to .85 thanks dino +.80
01[10:11] {@Threei}  great job guys
[10:11] {dino} yw, gj
01[10:14] {@Threei} Long Setup:  IWM  .50 break
01[10:14] {@Threei}  If holds  .40
01[10:15] {@Threei}  1:1
01[10:16] {@Threei}  trail WMT stop to .04, takes too long
01[10:22] {@Threei}  NQ Muddy Waters' Carson Block reiterates cautious comments in TV interview
[10:33] {dino} cab wall 62
01[10:43] {@Threei} Long Setup:  CAT  .65 break hl
01[10:43] {@Threei}  If holds  .55
01[10:46] {@Threei}  1:1
01[10:47] {@Threei}  1:2
[10:49] {_jaredt} was that a JBE trade, Threei?
01[10:49] {@Threei}  yup
01[10:55] {@Threei}  out in full
01[10:55] {@Threei}  1:3 close enough
01[10:59] {@Threei}  wow
01[10:59] {@Threei}  1:5
[11:02] {dino} spwh drop
[11:03] {dino} spwh l .00
[11:09] {dino} i froze that
01[11:12] {@Threei}  Dino the Freezer
01[11:21] {@Threei}  - Russia and China have failed to agree on a price for the 30-year natural gas deal. President Putin is visiting China this week and the two sides were widely expected to reach a deal, capping more than a decade's worth of talks. The $400B supply agreement is up in the air for now unless negotiators can iron out differences before Putin leaves on Wednesday.
01[11:28] {@Threei}  General Motors Corp Conducting four additional recalls of 2.42M vehicles
01[11:28] {@Threei}  why not... where there are' 10M, 2 more will just add to fun
01[11:29] {@Threei}  Pandora Hearing strength attributed to chatter the company has hired Goldman Sachs to help evaluate strategic options
[11:43] {dino} cab reloaded .50 l
01[11:43] {@Threei}  watching IWM for pullback entry
01[11:44] {@Threei}  hmmm... this might explain a lot
01[11:44] {@Threei}  word NO in ukrainian looks like HI
01[11:44] {@Threei}  makes for an interesting banner "say no to drugs"
01[11:44] {@Threei}  http://i.colnect.net/images/f/575/919/Say-No-to-Drugs.jpg
[11:44] {dino} lol
[11:44] {dino} don't you mean say "high" to drugs
01[11:45] {@Threei}  see this red HI! in the right corner?
01[11:45] {@Threei}  word on the lft is "drugs"
[11:45] {dino} out spwh .18, +.18
01[11:45] {@Threei}  no pullback IWM
[11:45] {ese} cya tomorrow.......
01[11:46] {@Threei}  man of quick action...
01[11:47] {@Threei}  joined, said bye and exited - all within 1 min
01[12:05] {@Threei} Long Setup:  IWM  .10 break
01[12:06] {@Threei}  If holds  109'
01[12:06] {@Threei}  1:1
01[12:09] {@Threei}  stop .14
01[12:09] {@Threei}  1 cent from 1:2
01[12:32] {@Threei}  Madeleine Albright to come to Ukraine on May 21
01[12:32] {@Threei}  any chance she would kick Hunter Biden out while there?
01[12:36] {@Threei} Long Setup:  TZA  .40 break
01[12:36] {@Threei}  If holds  .30
01[12:42] {@Threei}  (US) Senate Majority Leader Reid (D-NV) confirms senate confirmation vote for Fed vice chair nominee Fischer will be tomorrow
01[12:42] {@Threei}  but... will Donetsk cast the vote?
01[12:43] {@Threei}  sigh... why no one likes my humor
01[12:44] {@Threei}  I find it hilarious
01[12:44] {@Threei}  in total solitude
[12:44] {Alexs} :)
[12:45] {dino} spwh l .00
01[12:47] {@Threei}  wife: if you promise never to crack anither joke I'll make you an omelet. If you don't, I will still make it but with some hemlock
01[13:07] {@Threei}  no go
01[13:13] {@Threei}  crap, rinse
01[13:13] {@Threei}  DKTK time
01[13:21] {@Threei}  double crap
[13:39] {dino}  .
[13:43] {_jaredt} sheesh, CAT
01[13:43] {@Threei}  no news for this selling
01[13:48] {@Threei}  first bounce is likely to fail, waiting for the second
01[13:54] {@Threei} Long Setup:  CAT  .50 break
01[13:55] {@Threei}  If holds  .40
01[13:56] {@Threei}  Invalidated
01[13:57] {@Threei} Long Setup:  CAT  .40 break
01[13:57] {@Threei}  If holds  .30
01[13:58] {@Threei}  change to .35 break
[13:58] {dino} tna l .24
01[13:58] {@Threei}  If holds  .27
01[13:59] {@Threei}  Invalidated
[14:00] {dino} out tna .48, +.24
01[14:01] {@Threei}  wtg
[14:01] {dino} ty
[14:01] {dino} hl/hh
01[14:01] {@Threei} Long Setup:  CAT  .20 break
01[14:01] {@Threei}  If holds  .10
[14:02] {dino} tna l .49
[14:03] {RonS} wow cat gone pulp
01[14:03] {@Threei}  change to .15 break
01[14:04] {@Threei}  yeah, gets interesting
01[14:04] {@Threei}  when bounces, should give 50 - 70 cents easy
[14:04] {dino} out tna .74, +.25
[14:05] {dino} tna l .65
[14:05] {dino} out .75, +.10
01[14:05] {@Threei}  lol
01[14:05] {@Threei}  practicing soccer?
01[14:06] {@Threei}  left foot, right foot
[14:06] {dino} just scalping
[14:06] {RonS} cat stop?
01[14:06] {@Threei}  under .05
01[14:07] {@Threei}  it's really time for this spring to unwind
01[14:08] {@Threei}  after taking .20 should move faster
[14:08] {dino} tna l .70
[14:08] {dino} out tna .86, +.16
01[14:09] {@Threei}  sheesh
01[14:09] {@Threei}  held by fingertips
01[14:09] {@Threei}  nervous one
[14:13] {RonS} wtf .20?
01[14:13] {@Threei}  dam
[14:14] {RonS} +n
01[14:14] {@Threei}  out
01[14:14] {@Threei}  I like my money easier than this
[14:14] {goinshort} stupid cat
[14:14] {nemo} must be some bad China news affecting CAT
[14:16] {dino} 247wallstreet article
[14:17] {RonS} dino can take spwh home since it won't wake him up...snoozer
01[14:17] {@Threei}  they had horrible dealer stats
01[14:17] {@Threei}  Caterpillar Inc Reports April dealer stats: retail sales of machines -13% y/y; energy & transportation retail +3% y/y- Retail Sales of Machines: Asia/Pacific -25% EAME -24% Latin America -28% North America +12% World -13%
01[14:17] {@Threei}  but heck
[14:17] {dino} lol, but yeah, one of the slower ones
[14:18] {dino} that tna moves pretty fast
[14:19] {RonS} ya think...too fast for mere mortals...
[14:20] {dino} yeah wanted .50s, just spiked from .60-.90
01[14:21] {@Threei}  IWM is a slower version
[14:22] {dino} yes, but takes a few more bullets
01[14:23] {@Threei}  yup
01[14:23] {@Threei}  just easier to manege
[14:23] {dptl} see ya tomorrow all
[14:23] {RonS} cya dp
01[14:23] {@Threei}  TNA might get almost unmanagable at times
[14:23] {dino} cya dp
01[14:23] {@Threei}  take care dp
[14:23] {dino} whats the 2x symbol
[14:23] {dino} ?
01[14:25] {@Threei}  I don't think there is small cap 2x etf
01[14:25] {@Threei}  wait
01[14:25] {@Threei}  UVT
[14:25] {dino} don't see one, but could go ddm
[14:26] {dino} no volume uvt
01[14:26] {@Threei}  UVT - 2x Russell 2000 Value Index
01[14:26] {@Threei}  untradable
[14:26] {dino} yeah 500 share vol
01[14:26] {@Threei}  hehe
[14:27] {dino} thinner than i usually go
01[14:27] {@Threei}  DDM is 3x Dow Jones Industrial Average
01[14:28] {@Threei}  or 2x
[14:28] {dino} 2 i think
[14:29] {dino} qid, qld, sds, sso, dxd, ddm all 2x
[14:31] {dino} you notice that the momo's aren't getting killed today?
[14:31] {goinshort} cat bounce
[14:32] {dino} may be time to step back into some of them, data, panw, yy, fb
01[14:38] {@Threei}  look Alex, best way to become president of Ukraine is to run for office from Vienna:
01[14:38] {@Threei}  Poroshenko way ahead of rivals in Ukrainian presidential race
01[14:39] {@Threei} Short Setup: GLD  .60 break
01[14:39] {@Threei}  If holds  .70
01[14:49] {@Threei}  valid still
[14:50] {Alexs} yes Vad, the best way to live in Ukraine is to live in Vienna
01[14:51] {@Threei}  lol
01[14:52] {@Threei}  reminds me a guy I met on the Costa Rica Beach... when asked where I was from and heard Winnipeg, he said "a good place to be FROM"
[14:52] {Alexs} lol
01[14:54] {@Threei}  Petition to Designate Russia as "State Sponsor of Terrorism" reached necessary threshold to warrant White House response
01[14:54] {@Threei}  https://petitions.whitehouse.gov/petition/designate-russia-state-sponsor-terrorism/XMjbTltM
[14:55] {Alexs} I think ukrainians will move their government somewhere to Europe finally, then they should not be afraid of Maidan anymore
01[14:55] {@Threei}  or relocate Maidan to Antarctica
[15:08] {cosmo} haiti?
01[15:09] {@Threei}  nah, too warm
[15:10] {cosmo} ah...their safe then
[15:10] {cosmo} they're
01[15:12] {@Threei}  I say Antarctica... amazing landscape, penguins...
01[15:14] {@Threei} Long Setup:  DAL  .80 break
01[15:14] {@Threei}  If holds  .70
01[15:31] {@Threei}  stop to ,74
01[15:35] {@Threei}  1:1
01[15:40] {@Threei}  1/4 more out .97
01[15:40] {@Threei}  time becomes an issue
[15:40] {dino} dxpe luv
[15:43] {goinshort} I'm out- thanks V - nice call!
01[15:43] {@Threei}  :)
01[15:43] {@Threei}  nice to finish the day on this
[15:44] {goinshort} needed that - got a little red this morning
[15:46] {_jaredt} Thanks Threei and crew. have a good night
01[15:46] {@Threei}  yw
01[15:46] {@Threei}  ok guys, no more trades
01[15:46] {@Threei}  thank you all
01[15:46] {@Threei}  have a good evening, see you tomorrow
[15:46] {goinshort} thanks everyone -cya
[15:50] {dino} spwh stop -.25
[15:55] {dino} cab stop .20, -.30
[15:57] {dino} calling it a day, gn all

Monday, May 19, 2014

May 19 2014

Very quiet low volume, mostly spent in a tight range. We got quite a few scalps, decent 1:3 on IWM and took couple small stops. All in all, honest day's work.


Session Time: Mon May 19 00:00:00 2014
[08:55] {dino} gm
01[08:55] {@Threei}  dino :)
[09:02] {RonS} howdy gents
01[09:02] {@Threei}  ron :)
[09:03] {goinshort} good morning
01[09:04] {@Threei}  gs :)
[09:14] {troub} good morning you all
01[09:15] {@Threei}  troub :)
[09:15] {dptl} good morning
01[09:15] {@Threei}  dp :)
[09:21] {RonS} Egyptian maker of Twinkies said to consider IPO
01[09:21] {@Threei}  finally
[09:21] {RonS} lol
01[09:22] {@Threei}  AT&T announced it would buy DirecTV for $95/shr in stock and cash in a deal valued at $67.1B.
01[09:22] {@Threei}  Pfizer announced it is raising the cash component in its $117B bid for AstraZeneca to £55/shr (or 45% from 33% in the initial offer)
01[09:23] {@Threei}  The blockbuster announcements are dwarfing a $1B acquisition of a video game streaming site Twitch by Google. An update on the GE-Siemens bidding war for Alstom may enter a new phase as early as this week, with Siemens reportedly preparing a formal offer to counter GE.
[09:24] {RonS} wwe off the mat
01[09:24] {@Threei}  hehe
[09:26] {RonS} cpb watered down
[09:27] {Alexs} good morning
[09:27] {dino} gap 40.94 area
[09:27] {dino} cpb
01[09:27] {@Threei}  alex :)
01[09:28] {@Threei}  alex, fair warning - thread carefully... nemo learned couple new words
[09:28] {Alexs} lol
[09:28] {RonS} db 25% dilution by my calculation
[09:31] {dino} $10 about
01[09:31] {@Threei} Long Setup:  FB  .60 break hl
01[09:31] {@Threei}  too fast...
[09:32] {dino} ryaay?
01[09:32] {@Threei}  Ryanair Holdings plc Reports FY14 Net €523M v €515Me, Rev €5.04B v €5.01Be - Guides initial FY15 Net €580-620M v €634Me - Guides FY14 average fares +2% y/y, traffic 84.6M passengers (+4% y/y), load factor 85% (+2% y/y) - Plans €500M special dividend in Q4 FY15 subject to AGM approval
01[09:33] {@Threei}  Comments: - While disappointing that profits fell 8% to €523m due mainly to a 4% decline in fares, weaker sterling, and higher fuel costs, we reacted quickly to this weaker environment last September by lowering fares and improving our customer experience which caused H2 traffic to grow 4% as load factors rose 1%. Ancillary revenues grew 17%, much faster than traffic growth, and now accounts for 25% of total revenues.
01[09:33] {@Threei}  ugh FB... 1:3
[09:33] {dino} ty
01[09:35] {@Threei} Long Setup:  GLD  .30 break
01[09:35] {@Threei}  If holds  .24
[09:38] {nemo} esrx
01[09:39] {@Threei} Short Setup: JPM  .20 break
01[09:39] {@Threei}  If holds  .26
[09:40] {dino} door smr l ave .30 hooker
01[09:41] {@Threei}  Invalidated  JPM
[09:43] {Alexs} if GLD stop it could be  a short entry?
01[09:44] {@Threei}  can't tell
01[09:45] {@Threei} Long Setup:  TZA  .45 break
01[09:46] {@Threei}  sorry
01[09:46] {@Threei}  .90 break
01[09:46] {@Threei}  If holds  .84
01[09:50] {@Threei} Long Setup:  TZA  .85 break
01[09:50] {@Threei}  If holds  .80
01[09:50] {@Threei}  half out GLD
01[09:50] {@Threei}  stop .29
[09:54] {dino} wwe l .65
01[09:57] {@Threei}  did TZA hit 1:1 or was it out of bounds print?
01[09:57] {@Threei}  got distracted
[09:58] {Alexs} it did
01[09:58] {@Threei}  k, ty
01[09:58] {@Threei}  1:1
01[09:58] {@Threei}  lol
[10:05] {RonS} lock broken
01[10:05] {@Threei} Long Setup:  DAL  .40 break
01[10:05] {@Threei}  If holds  .30
[10:06] {dino} rax hl s .76
01[10:08] {@Threei}  half out
01[10:08] {@Threei}  stop .39
01[10:14] {@Threei} Long Setup:  IWM  .15 break
01[10:14] {@Threei}  If holds  .05
01[10:15] {@Threei}  1:1
01[10:16] {@Threei}  1:2
01[10:17] {@Threei}  1:3
01[10:17] {@Threei}  out'
[10:17] {nemo} going to 1110
[10:17] {nemo} 111
[10:17] {nemo} 200 day
01[10:20] {@Threei}  1:4
[10:24] {dino} gj
01[10:25] {@Threei}  ty
[10:26] {goinshort} ty-V!
01[10:27] {@Threei}  yw :)
01[10:33] {@Threei}  so... 4 trades, 4 wins... and 1 got away by triggering too fast
01[10:33] {@Threei}  can I go home?
01[10:36] {@Threei}  don't answer all at once
01[10:38] {@Threei} Short Setup: SLW  .40 break
01[10:38] {@Threei}  If holds  .45
01[10:39] {@Threei}  just a scalp most likely
01[10:43] {@Threei}  things slowed down
01[10:49] {@Threei}  Current leaders of 'Donetsk People's Republic' see main task in preparing for Sept 14 parliamentary elections
01[10:50] {@Threei}  I say boys are losing their touch... referendum is being organized in two weeks, but they need whole 4 months for the elections?
[11:00] {thomcbell} there is ibm for data making rounds apparently dino nemo
[11:00] {thomcbell} splk is the comp
[11:02] {RonS} data ibm rumors been going for months thom
01[11:05] {@Threei}  Switzerland rejects highest living wage in the world in popular vote
01[11:06] {@Threei}  wide margin too, 76.3 percent opposed
01[11:06] {@Threei}  meh SLW
[11:12] {nemo} iwm back above the 200 day
[11:13] {RonS} wwe smackdown
[11:18] {_jaredt} great call earlier IWM - Threei, Nemo
01[11:18] {@Threei}  hi jared, thanks
[11:18] {nemo} one of my daily "broken clock" moments
01[11:19] {@Threei}  welcome to the jungle
[11:19] {nemo} now I hear Ian Anderson in my head
01[11:24] {@Threei}  - The Department of Justice said it was planning to bring criminal charges against China's military for cyberspying and economic espionage, setting a real precedent for international relations
[11:34] {dino} wwe drop
[11:34] {nemo} body slammed
[11:35] {RonS} hearing they had conferance call and evryone got disconnected...
[11:35] {nemo} not paying the phone bill
01[11:35] {@Threei}  World Wrestling Entertainment Inc CEO: We were a little bit disappointed in the NBCU deal we got, it was not exactly what we wanted but it is still a good deal - conf call- We see significant growth for the core business moving forward, feel very strong about our business model. -
[11:36] {nemo} lumpen cash flow down
[11:40] {thomcbell} spwr 32.28 short braek if holding 32.38
[11:40] {thomcbell} half lot for me
[11:49] {thomcbell} spwr no go
01[11:51] {@Threei} Short Setup: CAT  .10 break hl
01[11:51] {@Threei}  If holds  .20
[11:59] {dino} wwe l .10
[12:05] {goinshort} I'm still liking CAT setup
01[12:05] {@Threei}  so am I
01[12:05] {@Threei}  with SPY being glued to this range, difficult to count on effective break
01[12:06] {@Threei}  but hopefully gravity decides to prove it exists
[12:06] {goinshort} agreed
01[12:07] {@Threei}  nah, invalidated
[12:18] {dino} cov rax .59, +.16
[12:19] {RonS} a cup?
01[12:21] {@Threei}  (US) Fed's Fisher (FOMC voter, hawk): Congress has its foot on the breaks of the US economy even as the Fed has its foot on the gas - comments in Dallas- Sees Congress as biggest obstacle to better US growth.
01[12:22] {@Threei}  and with this thought he hopes to win a title of a smart man?
01[12:30] {@Threei}  I know it's annoying... but CAT is valid again
01[12:33] {@Threei}  my brain must still be in a weekend mode... why didn't we try aggressive at .20
01[12:34] {@Threei}  1:1
[12:34] {goinshort} missed it
01[12:34] {@Threei}  ugh
[12:40] {dino} wwe stop -.15
[12:49] {dino} crto spike
01[13:13] {@Threei}  clown time:
01[13:13] {@Threei}  Vice President Joe Biden's visit to Romania and Cyprus aims to reassure European allies of the U.S. commitment to the region in the face of Russia's role in the crisis in Ukraine
[13:14] {RonS} cyprus wtf?
01[13:14] {@Threei}  I was thinking the same, but then I saw Baltic countries in the visit schedule, and understood: he will need some sun time after cloudy climes
01[13:16] {@Threei}  you see, one of his life aspirations is to achieve the Boehner's tan
01[13:16] {@Threei}  matter of sheer envy of the entire WH and Congress
01[13:17] {@Threei}  In Cyprus, Biden will seek to strengthen Cypriot commitment to EU sanctions against Russia even though those measures could weigh heavily on Cyprus.
[13:18] {Alexs} nice
01[13:18] {@Threei}  Cyprus is Russia's favorite offshore banking center
[13:19] {Alexs} Cyprus will be happy
01[13:19] {@Threei}  Cyprus is among EU countries that have expressed reluctance to impose further sanctions on Moscow.
[13:19] {Alexs} lol
[13:20] {RonS} they're worried russia will invade to get their money...
01[13:20] {@Threei}  Biden, better pull your son out of the scandalous post in Ukraine energy company
01[13:20] {@Threei}  unbelieavable how tone deaf these guys are
01[13:21] {@Threei}  anyway, meeting with art for you while market is quiet
01[13:21] {@Threei}  http://www.arrestinglight.com/blog/2014/5/may-sights-other-than-tulips
06[13:22] * @Threei slaps nemo around a bit with a beautiful photo of Victoria shores
[13:30] {Alexs} Wolf of Wall Street Belfort Is Aiming for $100 Million Pay http://www.bloomberg.com/news/2014-05-19/wolf-of-wall-street-belfort-sees-pay-top-100-million-this-year.html
[13:35] {dino} funny movie, too bad based on truth
[13:47] {dino} dish spike
01[13:48] {@Threei}  US) Former Fed Chair Bernanke: Monetary policy was successful in avoiding deflation - comments in Dallas- Fed balance sheet could be maintained at a large size if deemed necessary, there is no need to shrink the balance sheet as the Fed normalizes its policy
01[13:48] {@Threei}  told you... clown time
01[14:25] {@Threei}  watching IWM for pullback entry
01[14:33] {@Threei} Long Setup:  IWM  .40 break
01[14:33] {@Threei}  If holds  .30
01[14:34] {@Threei}  .50 break buyers got punished for their inappropriate optimism
01[14:34] {@Threei}  let's see if it's time to make them really bitter
01[14:37] {@Threei}  half out
01[14:38] {@Threei}  stop to .35
01[14:41] {@Threei}  LOL... "I came to workplace to work, not to answer stupid questions about why I am sleeping here drunk!"
01[14:44] {@Threei}  stop to .39 now
01[14:47] {@Threei}  1:1
01[14:47] {@Threei}  now premature .50 buyers are bitter
01[14:47] {@Threei}  and reenter
01[14:47] {@Threei}  to push it higher for us
01[14:47] {@Threei}  DKTK is still a king
01[15:23] {@Threei} Long Setup:  GLD  .55 break
01[15:23] {@Threei}  If holds  .50
[15:31] {dptl} see ya tomorrow all
[15:31] {RonS} cya dp
01[15:31] {@Threei}  take care dp
01[15:34] {@Threei}  market's ramping up into eod
01[15:39] {@Threei}  meh
01[15:47] {@Threei}  OK guys, very quiet but decent day
01[15:48] {@Threei}  have a good evening, see you tomorrow
[15:48] {goinshort} thanks V !
01[15:48] {@Threei}  :)
[15:48] {_jaredt} ty
01[15:48] {@Threei}  yw jared

Friday, May 16, 2014

Market Week Wrap-up

TradeTheNews.com  Weekly Market UpdateThe New Neutral



- Aggressive buying in government bond markets had many wondering if they should pay heed to warnings of a potential short squeeze this week. The action in US treasuries knocked the S&P500 off of all-time highs and sent the 10-year benchmark yield as low as 2.472%, matching the lows seen last October. A panicky reaction to weak European GDP numbers and a trial balloon in Athens regarding possible retroactive capital gains taxes on bond sales sent the 10-year bund yield momentarily below 1.30%. In addition, weak April China industrial output and fixed asset investment data also added to the scramble. The equity slide was more muted in Europe and Asia, and by Friday most US and global indices rebounded driven by options expiration. PIMCO chief Bill Gross made his mark on the week publishing his big new call on the next phase for the global economy: the 'New Neutral,' featuring "low returns but less downside risk than expected and an end to bull markets as we've known them." For the week, the DJIA lost 0.6%, the S&P500 slipped less than 0.1% while the Nasdaq added 0.5%, breaking the tech heavy index's three week losing streak.

- Inflation data out this week (coupled with the strong April NFPs) shows the Fed finally seems to be getting what it wants. April core CPI (which strips out volatile food and energy costs) rose to 1.8% from 1.7% in March, putting the measure at a 13-month high. April wholesale prices measured by the core PPI index were up to 1.9% from 1.4% in March, for the biggest m/m increase in the series since September 2012. At the same time, an NFIB's survey of small-business optimism for April showed sentiment at its best level since before the recession began in December 2007.

- Big retail chains Walmart, Macy's and Kohl's offered disappointing first quarter numbers, but after seeing countless earnings reports out over the last month citing the deleterious impact of winter weather on business, this comes as no surprise. On the other hand, former retail basket case JC Penny reported its second consecutive quarter of comp growth after nine straight quarters of decline. Weather was no excuse for the weak April US advance retail sales report's scant 0.1% gain, although the March numbers were revised to 1.5% from 1.1% prior, making the month's advance the biggest gain in the series in four years.

- Deere cut its equipment sales outlook for 2014 and its outlook for certain regional sales. Note that in its first quarter, agricultural equipment net sales declined 12% y/y. Net profit and revenue fell on a y/y basis, although earnings declined less than expected. According to Deere, the agricultural economy remains in a relatively healthy condition but farm income is forecast to be lower than last year.

- After several quarters of offering weak guidance, Cisco managed to post better than expected Q3 results and solid guidance for Q4. Nevertheless, as emerging markets challenges persist, the company still forecast a y/y decline in Q4 revenue even if it managed to top its own guidance and consensus targets.

- On Thursday, the FCC voted 3-2 to adopt new rules for governing broadband internet service. As written, the proposals would allow ISPs to enter 'paid prioritization' deals, giving some firms a 'fast lane' to customers, while also specifically prohibiting them from knowingly slowing data. The proposed rules are open to public comment for four months before a final vote, and the comments came fast and furious after the vote. Big telecoms seemed fairly content with the new structure, while a broad spectrum of large and small tech firms condemned it, claiming that it effectively gutted the principle of net neutrality.

- Hillshire Brands reached a deal to acquire Pinnacle Foods in a cash and stock transaction valued at $6.6 billion, including Pinnacle's outstanding net debt. The combined company would have about $6.6 billion in annual sales and maintain leading positions in frozen and refrigerated grocery categories. Deal making in the healthcare sector continues unabated: Kindred Healthcare made an unsolicited offer to buy Gentiva Health Services for about $514 million in cash and stock, and Abbot said it would acquire Latin American company CFR Pharmaceuticals for $2.9 billion.

- Only a portion of India's 550 million votes have been counted after national elections held over the last several weeks, but as of Friday the Indian National Congress, which has dominated for most of the post-Independence era, conceded the contest to Narendra Modi's Bharatiya Janata Party (BJP). The BJP will hold at least 272 out of 543 seats in parliament, meaning it could rule alone without a coalition government, the first party to do so since 1984. Rumors that Modi had won a supermajority drove India's Sensex up 6.1% early on Friday, before the index gave up most gains.

- Last weekend's 'independence' referendums in Eastern Ukraine came and went without much impact (most notable was the very tepid reception they got in Moscow), and this week there has been a distinct feeling that most parties involved in the crisis are looking for ways to de-escalate. There has been more troubling violence, but also late in the week thousands of steel workers and miners came out into the streets in the East in support of a united Ukraine and to help local police impose order. On the energy front, Putin insisted that Russia would still demand prepayment for Ukraine gas deliveries starting June 1st, even as both sides appeared to be working for a solution to the gas question. Negotiations between Russia, the EU and Ukraine on Ukraine's outstanding bill and future rates for gas are slated to take place on Monday, May 26th, and Russia PM Medvedev said the Kremlin is ready to talk about terms of payments if at least part of the nation's gas debt is paid.

- Tensions between China and its neighbors flared up this week after China placed an oil rig near the Paracel Islands - claimed by both Hanoi and Beijing - and began building an airstrip on one of the islands. There were reports that Chinese ships rammed Vietnamese coast guard vessels attempting to patrol near the oil rig. The actions triggered widespread protests in Vietnam that heavily damaged foreign factories, some run by Chinese firms but also a few run by Taiwanese and South Korean companies. Taiwan tech manufacturer Hon Hai - which manufactures Apple's iPhones and iPads, among many other mobile devices - told its workers in Vietnam to take a three-day leave of absence beginning on Saturday.

- On Tuesday morning, reports made the rounds that the Bundesbank was finally giving a green light to ECB stimulus action in June if 2016 inflation forecasts were lowered. EUR/USD came into the week around 1.3760 and plummeted to 1.3700 on the news. The Buba pooh-poohed the report, calling it nothing new, but in a major policy speech the next day Bundesbank President Weidman acknowledged that there was a slight deflation risk at the moment and said he would support ECB action if it was needed. Weidman stopped short of endorsing QE, calling it not the best solution to deal with low inflation.

- Advance Q1 GDP data from several European states and overall Eurozone advance GDP report were pretty weak. Besides Germany and Poland, every European state that reported missed expectations and all the peripheral states reporting saw negative q/q growth. Analysts said that the disappointing data will be another element pressuring the ECB to act in June to keep growth on track and fight deflationary risks.

- Cable hit one-month lows under 1.6750 after the Bank of England quarterly inflation report was a bit dovish, diminishing the risk of an early rate hike. The BOE left its growth and inflation forecasts broadly unchanged, meaning a rise of its main benchmark rate is still expected in the first half of 2015.

- The Shanghai Composite hit a two-week high above 2,050 on Monday but quickly retreated on the heels of an underwhelming set of economic data on Tuesday. China Industrial output growth of 8.7% missed the 8.9% consensus, while fixed asset investment YTD growth was the slowest on record at 17.3%, below the 17.7% estimate. Secondary data from the mainland were similarly tepid: CNY770B in April new lending was below CNY800B forecast, power consumption grew less than 5% and non-performing loans in the banking sector for the first quarter spiked up by the biggest margin since 2005. Kynikos' Jim Chanos reiterated his bearish call on the China property sector and Fitch affirmed its below-the-official-target 7.3% GDP forecast for 2014 after the "almost universally weaker" round of economic indicators.



May 16 2014

As usual lately, active morning and half-dead afternoon. Decent day though as morning was fruitful


Session Time: Fri May 16 00:00:00 2014
[09:00] {thomcbell} rax is nuts
[09:01] {thomcbell} just keeps going
[09:01] {thomcbell} analysts jumped on bandwagon
01[09:01] {@Threei}  wow
[09:07] {dino} gm
[09:07] {RonS} gm gentledudes
01[09:07] {@Threei}  dino, ron :)
01[09:08] {@Threei}  gentledude? is it a creature in a tux riding lawnmower with beer in hand?
[09:14] {troub} good morning you all
01[09:15] {@Threei}  troub :)
[09:16] {dptl} good morning
01[09:16] {@Threei}  dp :)
[09:17] {dino} wwe smackdown
01[09:19] {@Threei}  50%... still haircut or already beheading?
[09:20] {RonS} rax braless...bouncing all over the place
01[09:21] {@Threei}  General Motors Corp US Dept of Transportation schedules a "major announcement" regarding the ignition recall issue; Sec Foxx to make a statement on the probe - press**NOTE: DOT has been imposing fines of $7K/day (the maximum fine) as it tries to determine why it took GM approx 10 years to issue the recall on the persistent ignition switch problem.
[09:21] {Alexs} good morning
01[09:21] {@Threei}  alex :)
[09:21] {dino} lol ron
[09:22] {dino} no wonder govt was selling its gm stock
01[09:23] {@Threei}  ron... I start thinking cmpanies should use you as a focus group when pick names
[09:23] {RonS} hehe
[09:24] {nemo} Hey Dino!  keep an eye on RAX it's exploded on news of seeking strategic alternatives
[09:24] {ese} morning
01[09:24] {@Threei}  ese :)
[09:24] {dino} on it
[09:24] {ese} vad dino
01[09:24] {@Threei}  and WWE nemo
01[09:25] {@Threei}  ese, you scared the living daylight out of nathan yesterday
[09:25] {ese} huh.....what'd i say
01[09:25] {@Threei}  [11:46] {ese} once again another morning wasted...........sigh......cya tomorrow
01[09:26] {@Threei}  he thought there was some big loss that doscouraged you or something like that
[09:26] {ese} ohhhhhh......just meant another busy day...no time to trade properly
01[09:26] {@Threei}  yeah, we know... he didn't
[09:27] {ese} another week and a ½ to go.....show or rehearsal every night
01[09:27] {@Threei}  quiet premarket in indices
[09:28] {ese} get nemo and Les to beat the guy up a little.....that'll toughen him him up
01[09:29] {@Threei}  WWE is begging for a bounce
01[09:31] {@Threei}  GLD two-sided, .30 - .40
01[09:34] {@Threei} Short Setup: FB  .15 break hl
01[09:34] {@Threei}  If holds  .25
01[09:34] {@Threei}  1:1
01[09:36] {@Threei}  1:2
01[09:36] {@Threei}  yuck GLD
[09:37] {ese} L amat .61
[09:39] {ese} c mon......that a good little stocky......
01[09:39] {@Threei}  out FB in full
[09:39] {ese} opps
[09:39] {dino} wwe hl l .89
[09:40] {thomcbell} spwr looks vulnerable here
[09:40] {ese} L amat .57 avg .59
[09:41] {ese} OUT!!!!!!!!!!!!!!! amat .69
[09:41] {ese} +.10
01[09:41] {@Threei} Long Setup:  DAL  .70 break
01[09:41] {@Threei}  If holds  .60
01[09:42] {@Threei}  stop to .64
01[09:42] {@Threei}  1:2
01[09:42] {@Threei}  1:1
[09:45] {dino} gj ese
[09:45] {ese} tks.....was 200 bucks the easy way
[09:46] {ese} look at it now though......blighter!!!!!!!
[09:47] {thomcbell} adsk on short watch here
[09:48] {ese} ya...been watching that as well thom
01[09:49] {@Threei} Long Setup:  IWM  .45 break
01[09:49] {@Threei}  If holds  .35
[09:49] {ese} but lookin at it long though
[09:49] {nemo} numbers @9:55
[09:49] {thomcbell} tu
[09:49] {thomcbell} that was a nice bounce
01[09:49] {@Threei}  1:1
01[09:50] {@Threei}  1:2
[09:50] {ese} you talkin adsk thom.....
[09:50] {ese} would have been a good scalp there
[09:50] {Alexs} nice one Mr Sherlock Holmes
01[09:51] {@Threei}  it's elementary Watson...
[09:51] {Alexs} :)
[09:51] {thomcbell} yes
[09:51] {ese} vad is always primed a nd ready every morning
[09:51] {ese} nothing escapes the guy
01[09:51] {@Threei}  while we are waiting for numbers... one of my favorites:
01[09:52] {@Threei}  (laying on the back and looking into starry sky) Watson, we can see all the stars... what does it tell us?
[09:52] {ese} as a matter of fact.......he's got an intravenous line of vodka beside his trading desk  with constant flow to keep him pumped up
01[09:53] {@Threei}  Watson: ummm... well.. there is this, umm, Universe... stars, planets...
01[09:53] {@Threei}  Holme: No Watson... someone stole our tent!
[09:53] {ese} on days when he''s not doing much the vodka intravenous is on slow drip
01[09:54] {@Threei}  this is just rumors, ese...
[09:54] {Alexs} lol Vad like it too
01[09:54] {@Threei}  *(US) MAY PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 81.8 V 84.5E
[09:54] {ese} ouuuuuu and they were predicitng higher
01[09:55] {@Threei}  and about smoking pipe, alex... but that one is not very family-friendly
[09:55] {Alexs} unrated?
[09:55] {ese} hmmmmspyders reacting down
01[09:56] {@Threei}  good thing IWM was finished before numbers
01[09:57] {@Threei}  too bad we didn't reenter
01[09:57] {@Threei}  lol
[09:58] {ese} spyders now taking off
[09:58] {dino} 07 green
[09:58] {dino} tna l .90
[10:00] {dino} out tna .10, +.20
[10:01] {thomcbell} jmei new issue
[10:01] {thomcbell} like vips
[10:04] {dino} emes blood
[10:04] {ese} talk about yer basic whipsaw day.....sheesh
[10:05] {dino} 07 red
[10:06] {dino} emes sm l .64
01[10:06] {@Threei} Long Setup:  DAL  .65 break
01[10:06] {@Threei}  If holds  .58
[10:07] {dino} out emes .18, +.54
01[10:07] {@Threei}  Invalidated
[10:08] {dino} whippy, scalp mode
[10:09] {troub} gj all morning dino
[10:10] {dino} ty
01[10:10] {@Threei}  valid again
[10:10] {dino} tna l .99
01[10:11] {@Threei}  same stop, .57
[10:11] {dino} out tna .18, +.19
[10:11] {thomcbell} surprised that there is no pressure on spwr
[10:13] {dino} great trading song, under pressure
[10:13] {dino} damn tna wanted .90
01[10:14] {@Threei}  stop .59
[10:14] {dino} not sure now
01[10:16] {@Threei}  1:1
[10:16] {dino} tricky, little break in order
[10:17] {dino} gioddy-up
[10:18] {dino} tna l .38
01[10:18] {@Threei}  1:2
[10:20] {dino} stop tna .32 -.06, bad entry
[10:21] {dino} head fakes
[10:24] {dino} these drops are brutal, emes -18 3 days, dxpe -44 3 days, etc
[10:24] {dino} wwe-9
01[10:26] {@Threei}  then there is RAX...
[10:26] {dino} no sagging there
[10:26] {nemo} yeah, it's kinda' crapped out here watching it
[10:26] {RonS} lol  good one
[10:26] {nemo} Morgan Stanley probably trying to keep it propped up
[10:26] {dino} wanted s at 36.60, never got there, hit .40s
[10:27] {dino} wwe -9 and sits, wtf
[10:28] {nemo} today is weird because of OP EX
[10:28] {dino} all week weird imo
[10:28] {nemo} http://goo.gl/6GgK0E
[10:28] {nemo} yeah, coming from the guy who sees dead people
[10:28] {dino} we have a momo crash going on, somebody big must be blowing up
[10:29] {dino} tna l .88
[10:29] {dino} .78 that is
[10:30] {dino} out tna .98, +.20
[10:31] {thomcbell} adsk pretty impressive
[10:32] {nemo} http://goo.gl/BijmWH
[10:37] {nemo} RAX=BOOM
[10:37] {thomcbell} very interesting daily chart on LINE
[10:37] {thomcbell} normally wouldnt do a vad like setup in a low vol stock but 29 long break if holding 28.90
[10:41] {dino} wwe to .49
[10:44] {dino} out wwe .59, +.70
01[10:44] {@Threei}  wtg
[10:44] {dino} ty
01[10:48] {@Threei} Short Setup: FB  .60 break
01[10:48] {@Threei}  If holds  .70
[10:50] {Alexs} looks like DKTK
01[10:54] {@Threei}  held by fingertips
[10:55] {dino} tna l .42
[10:58] {dino} out tna .47, +.05
01[10:59] {@Threei}  nervous trade
[10:59] {dino} yeah, thought we were breaking upwards
01[11:00] {@Threei}  come on FB, work finally
[11:00] {dino} rax going to test the hod?
01[11:00] {@Threei}  looks like
01[11:00] {@Threei}  1:1
01[11:00] {@Threei}  finally
[11:01] {thomcbell} morning high over 39
[11:01] {thomcbell} rax
01[11:01] {@Threei}  yes, around 9:05
[11:01] {dino} hmmm, was thinking the 37.37
01[11:04] {@Threei}  that's after open dino
01[11:04] {@Threei}  thom means premarket
[11:04] {dino} yeah
[11:04] {nemo} see where the USDA is buying sub-machine guns and creating their own internal swat teams?
[11:05] {dino} no idea, better worlds perhaps
01[11:05] {@Threei}  why nemo?
[11:05] {dino} what are they going to do, shoot cows?
[11:07] {nemo} interesting...the military swears allegiance to the Constitution even though it is under civilian rule, so it's first duty is to defend the Constitution.  Federal Employees have no such mandate.  If you notice, federal agencies that would seem to have no need for security apparatus are adding internal armies
01[11:07] {@Threei}  sounds very conspiratorial to me
[11:08] {nemo} factual
[11:08] {dino} just blowing more of the taxpayers $$$
[11:08] {dino} emes smr l .00 risky, wide
[11:12] {RonS} gogo going
[11:16] {dino} rax smr s .00 stop hod
[11:18] {Alexs} does civilian rule can contradict constitution nemo?
[11:18] {nemo} Constitution supposedly trumps all, but that's a matter of interpretation
[11:19] {nemo} Founding Fathers did not trust goverment because it was run by men
[11:19] {nemo} people suck
[11:20] {dino} partial out emes .95, +.95
[11:24] {dino} rax bs to .85
[11:25] {dino} cov +.15
[11:33] {Alexs} I think most of the people haven't read the Constitution unless they are new immigrants nemo, so most of the soldiers don't know what they must to protect
[11:33] {nemo} it's not the soldiers the elected officials worry about, it's the generals
[11:34] {nemo} why do you thing Stalin sent Zhukov to cut trees for the glory of the Proletariat
[11:34] {nemo} ?
[11:35] {dino} right get rid of the leaders first
01[11:35] {@Threei}  there were too many soldiers cutting those trees without proper coordination?
[11:35] {nemo} always a frickin' comedian
01[11:36] {@Threei}  finally my humore is getting recognition
01[11:36] {@Threei}  -e
[11:36] {Alexs} lol
01[11:39] {@Threei}  but yes, there was a deep, albeit perverted, logic behind Stalin's constant rotation of the echelons of authority
01[11:40] {@Threei}  it went in waves, and no one was safe beyond the timeframe of his wave
01[11:40] {@Threei}  let them take root, they become dangerous as their ambitions and power grows
[11:41] {dino} fear motivates and keeps you in line
[11:41] {nemo} Yeah, unfortunately, after Zhukov won WWII he was a god, and Stalin had to walk carefully
01[11:41] {@Threei}  instead, nurture next generation and let them take over, send previous ones to Siberia
01[11:41] {@Threei}  new ones are faithful and hungry, they serve well... until their time comes
[11:41] {nemo} Breznev hated him though
01[11:44] {@Threei}  OK, here is visual evidence that Russia lost its collective mind:
01[11:44] {@Threei}  http://newslanc.com/images/slava_confession9.png
01[11:44] {@Threei}  painting's title:
01[11:44] {@Threei}  Putin Saves Russa
[11:45] {dino} rax smr s .61
[11:52] {RonS} omg dds...or as an old boss used to say Dilluhds...
[11:58] {dino} animal
[11:58] {RonS} 2 million shares short lit up
[11:58] {thomcbell} jmei getting its footing here
[11:58] {thomcbell} im long very small
[11:59] {RonS} lgf roariing
[11:59] {RonS} -i
[12:00] {RonS} hearing a lion roar in person is deeply disturbing...
[12:01] {RonS} without thinking you want to run
01[12:02] {@Threei}  lol
01[12:05] {@Threei}  EU is in a mode splendidly described by one commentator as of "impotent megalomania"
01[12:05] {@Threei}  lol... quite precise
[12:05] {RonS} azn smack
[12:06] {thomcbell} Out 1/2 jmei
01[12:08] {@Threei} Short Setup: FB  .50 break hl
01[12:08] {@Threei}  If holds  .60
01[12:12] {@Threei}  meh
[12:12] {Alexs} in what context it was said about EU Vad?
[12:12] {goinshort} double meh
01[12:13] {@Threei}  their mishandling of multiple political and economic cases
[12:14] {RonS} witnessing everyone walking around with their head up their ass?
01[12:14] {@Threei}  pretty much
[12:15] {Alexs} I think it's a general disease for all big countries now
01[12:16] {@Threei}  well... there is a big difference between EU and USA
[12:16] {dino} rax won't move bs is .91, brb
01[12:16] {@Threei}  in EU the impotence is structural
01[12:17] {@Threei}  in USA, imposed by current regime
[12:18] {dino} missing reagan
[12:19] {Alexs} don't agree, waht Bush did was very far from capitalism too
01[12:20] {@Threei}  yeah but there is world of difference between his mistakes and this deliberate destruction that we see today
01[12:20] {@Threei}  Bush didn't set out to cut USA down to size
[12:21] {dino} rax stop -.30
[12:21] {Alexs} I don't think it's deliberate destruction they just do what most of the people want
[12:22] {RonS} it is totally ideological alex...communists at heart
[12:22] {dino} out remainder emes .92, +.92
01[12:22] {@Threei}  not at all alex
01[12:22] {@Threei}  I don't believe most people want to diminish America's might and role
[12:23] {troub} another fine job dino
01[12:23] {@Threei}  if current administartion formulated its purposes this way, people would disagree strongly
01[12:23] {@Threei}  lucky again dino?
[12:24] {dino} ty troub
[12:25] {dino} ron i agree w/you
[12:25] {Alexs} most of the people are communists at heart Ron
[12:25] {dino} yeah 3i, that was a bitch to get out of
[12:25] {RonS} what people?
01[12:25] {@Threei}  most of stupid people you mean
[12:25] {Alexs} people who vote
01[12:26] {@Threei}  or, you are very unlucky with who surrounds you :)
[12:27] {troub} if dino laid his hand on my head and said magic words, wouold I be lucky too?
[12:27] {Alexs} Vad looks like you're dreaming
01[12:27] {@Threei}  I am not
01[12:28] {@Threei}  if that was so, no conservative government would have ever been elected
[12:28] {Alexs} remember Mitt Romney 47%?
01[12:28] {@Threei}  but we have one in Canada, fior the last deacde
[12:28] {nemo} boy was that taken out of context
01[12:28] {@Threei}  USA had one for previous 8
01[12:29] {@Threei}  you should have seen last election in BC
01[12:29] {@Threei}  where socialists started election with 23 points lead and lost it
01[12:30] {@Threei}  none of that would ever happen if voters were inherently communist minded
01[12:30] {@Threei}  don't oversimplify... each election has a context
[12:31] {Alexs} lets see when  next time we will have conservative government in US
01[12:32] {@Threei}  surely current administration makes it difficult, by making wider ciorcles of society government dependent
01[12:32] {@Threei}  it doesn't mean that voters are necessary communists
01[12:32] {@Threei}  it's a manipulation of fabric of society
01[12:33] {@Threei}  and dumbing down average voter
01[12:33] {@Threei}  sure, the dumber they are the more communist their mindset is
[12:33] {Alexs} what do you call communist, the guy who read Marx or what?
01[12:33] {@Threei}  no
01[12:34] {@Threei}  ideological mindset
[12:34] {dino} exactly. i've been saying that for years. dumb them down to control them. give them handouts to control them. its not about whats right...its all about getting elected.
01[12:34] {@Threei}  all the equality crap
[12:34] {dino} again, exactly
[12:35] {RonS} meantime 1984...the more equal are those working for the freakin government
01[12:35] {@Threei}  yeah
01[12:35] {@Threei}  that was right on target
[12:35] {dino} somebody has to win and somebody must lose
[12:36] {dino} these participation trophies drive me nuts. gets young kids thinking they don't need to try to win
[12:36] {RonS} and somebody lucky and skillful...  :)
[12:36] {Alexs} look at the tv all chanels in the US talking about income inequality day and night, this is communism
01[12:36] {@Threei}  that's part of it dino
01[12:36] {@Threei}  yes alex... this is what I am saying
[12:36] {dino} agreed alexs. media is controlled by liberals
01[12:37] {@Threei}  not sure why you argue while you say the same thing :)
01[12:37] {@Threei} Long Setup:  RAX  .95 break hl
01[12:37] {@Threei}  If holds  .85
[12:38] {Alexs} so you think most of the people in the country don't agree with what they talking about on TV?
01[12:38] {@Threei}  you are changing the wording
01[12:39] {@Threei}  you said voters are inherently communist-minded
01[12:39] {@Threei}  I disagree with that
01[12:39] {@Threei}  if you are saying they ase being brainhwashed this way, and increasingly believe it, yes, I agree
01[12:40] {@Threei}  whether enough of them are brainwhashed already to change the composition of government from now on and forever, remains to be seen
[12:40] {Alexs} it's most of the people nature I think
[12:40] {RonS} but tv isn't the real problem, it's the teachers and schools...
[12:40] {nemo} it's a total system Ron
01[12:41] {@Threei}  it's all parts of it...
01[12:41] {@Threei}  tc, shools, campuses, social networks
01[12:41] {@Threei}  meh RAX
[12:42] {RonS} The new poll, released Thursday, finds 37 percent of voters answer “yes” when asked: “would you say you generally trust the federal government?” Six in 10 say they don’t trust the government
[12:43] {Alexs} Atlas Shrugged is not a fantasy it's a real picture of the world
[12:43] {RonS} communists eh Alex?
[12:44] {Alexs} It doesn't mean they are for free market capitalism Ron
[12:45] {Alexs} nobody trust the government now even communists
[12:46] {Alexs} because they wanted to get more help
[12:46] {RonS} true, few are...read Smith on business people...everyone wants their monopoly...but it does not mean they are communist...Obama is a communist as well are his cohorts
[12:46] {nemo} Nothing is a "real" picture of the world, it's a view with aspects of truth
[12:48] {RonS} 3i speaks and writes with the most clarity on this than 99.99% of the people on earth imo
[12:49] {dino} perception is reality, in stocks, and in the world
01[12:49] {@Threei}  {-- copying - pasting in e-mail - sending it to wife who says I am impossible to understand
[12:50] {RonS} oh no, someone has broken ranks:  NATO Secretary General Anders Fogh Rasmussen said President Vladimir Putin’s assurances that Russia has no plans to intervene further in Ukraine can’t be believed
01[12:51] {@Threei}  except physics dino... I tried to perceive the world without gravity once in hope it would become reality. Guess what - bruises are very real
[12:52] {dino} you need to drink heavier
[12:53] {dptl} lol..i tried that Dino...gravity became even stronger
01[13:26] {@Threei}  OK... I am just back from experiment
01[13:26] {@Threei}  dp is right
01[13:27] {@Threei}  bruises are larger
01[13:27] {@Threei}  and bluer
01[13:27] {@Threei}  and it looks like alcohol doesn't help find answers... it helps to forget the questions
[13:29] {dino} rax hl s .70
[13:30] {nathan} hi gents
01[13:30] {@Threei}  hi nathan
01[13:31] {@Threei}  3 very important thing happened today that you missed
01[13:31] {@Threei}  we extensively discussed and discovered that:
01[13:31] {@Threei}  1. communism is no good
01[13:32] {@Threei}  2. Gravity exists
[13:32] {nathan} totally agree
01[13:32] {@Threei}  3, Alcohol doesn't help fight gravity
[13:32] {nathan} lol
01[13:32] {@Threei}  there, you are all caught up
[13:32] {nemo} no, but it reduces the pain of an extreme gravity event
[13:32] {nathan} :-)
01[13:34] {@Threei}  new term from russian space: resovietization of the mentality
01[13:43] {@Threei}  eBay Inc Investor Relations: No comment on earlier rumors concering takeover speculation- Reminder: Earlier: Google said to be interested in acquiring EBAY for ~$65/shr
01[13:44] {@Threei}  oh good, make anyione's purchasing history public knowledge
01[13:45] {@Threei}  (IR) Current round of negotiations on Iran's nuclear program have ended without the release of a joint statement, Iran and the P5+1 contact group still targeting final deal by July 20th - press
01[13:46] {@Threei}  let me guess... final deal will be "we are building our nuke and you can kiss our a$$es"?
[13:46] {Alexs} btw Vad alcohol helps fight communism, when in the USSR left nothing but alcohol communism fell
01[13:46] {@Threei}  joint statement will state that the final deal is finally reached in a final triumph of diplomacy
01[13:47] {@Threei}  I am not sure what was the chicken and what egg, Alex... it's also possible that communism survived for so long thanks to alcoholism? :)
01[13:48] {@Threei}  sober people would have dumped it much sooner?
[13:51] {Alexs} Prohibition in the US shows something different
01[13:51] {@Threei}  too short-lived to reveal all the consequences...
[13:55] {Alexs} "The New Deal" was the product of that time
01[14:01] {@Threei}  new deal was the crisis outcome
01[14:02] {@Threei}  socilaistic-leaning reactions to economic crises is usual phenomenon
[14:02] {Alexs} Roosevelt: Throughout the nation men and women, forgotten in the political philosophy of the Government, look to us here for guidance and for more equitable opportunity to share in the distribution of national wealth... I pledge myself to a new deal for the American people. This is more than a political campaign. It is a call to arms
[14:03] {Alexs} sounds familiar, huh?
01[14:03] {@Threei}  of course
01[14:03] {@Threei}  FDR was a socialist, what else is new
[14:04] {Alexs} 13 years without alcohol...
01[14:04] {@Threei}  GM: we will focus on becoming an industry leader in safety
01[14:04] {@Threei}  poor industry...
[14:07] {dino} i think govy knew about these issues and sold before they were disclosed
[14:08] {dino} govt
[14:10] {RonS} there was plenty of alcohol alex...ole man kennedy built his fortune running it out of canada, as did al capone etc...bootleggers in south spawned nascar through their drivers etc...bathtub beer...
01[14:10] {@Threei}  richest men in Canada too
[14:12] {Alexs} yeah Ron I saw it in a movies but the fact is there was no legal production and sale
[14:13] {Alexs} it was very "progressive" act
[14:14] {RonS} more moral impetus prompted by Carrie Nation
[14:18] {RonS} little know fact was that the per capita consumption of alcohol had gone down in the country by 66% since the 1840's by that time
[14:18] {RonS} but the country was on a morals kick stemming from the reaction to the drug addictions out the the Civil War
[14:19] {RonS} morphine addicition was terrible in the country in the 1870's and '80's...look up laudenum...
[14:20] {Alexs} so you think it was a right decision?
[14:21] {RonS} prohibition?
[14:21] {Alexs} yes
[14:21] {RonS} goes against the nature of man...unfortunately
[14:24] {dino} rax bs to .46
[14:26] {dptl} .56 for me
[14:28] {dino} to .39
01[14:28] {@Threei}  nice one
[14:28] {dptl} to .52 :)
[14:28] {dino} lol, wide on it
[14:28] {dptl} small
01[14:29] {@Threei}  dino, anytime you want me to smack dp for you, just say a word
[14:29] {dptl} and i got in at .76
[14:29] {dino} where you in short at?
[14:29] {dino} ok
[14:29] {dino} surprised it doesn't drop faster
[14:29] {nemo} first day of hopium
[14:30] {thomcbell} wow is it dead out there
[14:30] {dino} yeah
[14:30] {nemo} OP EX friday
[14:32] {dino} cov rax .39, +.31
[14:34] {RonS} alex, figured out why the Civil War caused addiction?
[14:35] {Alexs} why?
[14:37] {RonS} when you got wounded, if you did not die, the doctors probably amputated some limb on about 40% of the wounded...not time for slow treatment...morphine administered wantonly...veterans came home addicted
[14:37] {Alexs} oh
[14:37] {RonS} no retricitons to access in those days
[14:38] {Alexs} that was sad
[14:40] {RonS} noone knows this history
[14:41] {RonS} figured it out on my own when i wanted to write a research paper on the history of drugs in the US
[14:42] {Alexs} interesting fact
[14:43] {RonS} university i went to happened to have a huge collection of late 20th century newspapers etc...the stories were horrifying...that is why restrictions came
[14:44] {RonS} s/b late 19th
[14:50] {nathan} have a nice weekend
[14:51] {nathan} take care
01[14:51] {@Threei} Long Setup:  EBAY  .95 break
01[14:51] {@Threei}  If holds  .85
01[14:51] {@Threei}  have a good one nathan
[14:54] {dino} cya nat
[14:54] {dino} damn stop too tight rax
[14:54] {nemo} should have kept it a few cents above vwap
[14:58] {nemo} gap up on Monday
01[14:59] {@Threei}  up up and away
01[14:59] {@Threei}  FB spike
01[15:01] {@Threei}  stop to .89 EBAY
01[15:02] {@Threei}  should have been broken 52 already, with this market strength
[15:02] {goinshort} stuck at r2
[15:02] {nemo} so, if the market comes in, probably not a good idea to hang around
01[15:03] {@Threei}  that's why stop tightening
[15:04] {dptl} have a good weekend all, see ya monday
01[15:04] {@Threei}  take care dp
[15:13] {RonS} sheesh dino look daily ande
[15:15] {dino} grad death
01[15:16] {@Threei}  half out EBAY
[15:17] {dino} looking atr it ron, but supp looks lower by 2=/-
[15:18] {dino} would like to see more of a whoosh drop to it, bit too controlled
[15:20] {goinshort} out ebay - got a scalp - thanks
01[15:20] {@Threei}  :)
[15:20] {goinshort} thanks all -cya next week
[15:21] {dino} cya gs
01[15:21] {@Threei}  have a good one gs
01[15:24] {@Threei}  another photo sale, canvas.. http://www.arrestinglight.com/downtown/h299f55f9#h299f55f9
01[15:24] {@Threei}  I become popular {G}
[15:50] {dino} calling it a week, thanks all for ideas, gn
01[15:50] {@Threei}  take care dino
01[15:50] {@Threei}  thank you all
01[15:50] {@Threei}  have a great weekend, see you Monday!
[15:50] {dino} ron you had ande right
[15:52] {nemo} the old 2:00 pm melt up
[15:52] {nemo} too much fun for me aufwiedersehen
[15:56] {thomcbell} good weekend all